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Ascend Elements

Ascend Elements

Private
Westborough, MassachusettsEnergy & Sustainabilityhttps://ascendelements.com/

Last Round

Series D

Extension

Feb 21, 2024

Est. Valuation

$1.5B

Total Funding Raised

$1.26B

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Ascend Elements is a clean technology company that provides sustainable, closed-loop battery material solutions by transforming end-of-life lithium-ion batteries into new cathode materials.

Sector

Energy & Sustainability

Verticals

Energy Storage, Circular Economy, Advanced Materials, Electric Vehicles, Waste Management

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

battery recyclingcathode active materialCAMprecursor cathode active materialpCAMlithium-ion battery recyclingbattery mineral recoverycircular economybattery supply chainEV battery materialsurban miningbattery scrap processingclean-tech manufacturingbattery insolvency

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Ascend Elements Comparables

Compare Ascend Elements with similar companies based on industry and business-model similarity.

Ascend Elements comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Redwood Materials
86%
Cirba Solutions
82%
Princeton NuEnergy
82%

Ascend Elements Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series D ExtensionFeb 21, 2024
Series DSep 6, 2023
GrantOct 19, 2022
Series CSep 7, 2022
DebtSep 7, 2022
Series B
Aug 24, 2021

Key People

Founding team and executive leadership

Eric Gratz

Co-Founder and Chief Technical Officer

Founding Team

Ascend Elements Investors

Notable investors and investment history

Ascend Elements investors
InvestorRounds
Just ClimateSeries D, Series D Extension
TemasekSeries D, Series D Extension
Mirae AssetSeries D
HV FundSeries C, Series B
Oman Investment AuthoritySeries C
Massachusetts Clean Energy CenterGrant
TRUMPF VentureSeries A, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 28, 2026

    Monthly visitors increased 57% MoM.

  • Apr 14, 2026

    Constructing a 1 million-square-foot facility in Kentucky.

Recent news

Latest coverage and updates

  • expands_facilitiesSep 10, 2026

    Ascend Elements, Inc. expanded facilities to Covington, Kentucky, United States, Northern America, Americas on Jul 1st '22.

  • invests_into_assetsAug 4, 2026

    Ascend Elements, Inc. invested into assets: EV battery recycling plant in the amount of $1B in Hopkinsville, Kentucky, United States, Northern America, Americas on Jul 1st '22.

  • expands_facilitiesAug 4, 2026

    Ascend Elements, Inc. expanded facilities to Hopkinsville, Kentucky, United States, Northern America, Americas on Jul 1st '22.

  • declares_bankruptcyJul 23, 2026

    Ascend Elements, Inc. is planning to declare bankruptcy under Chapter 11.

  • sells_assets_toJul 21, 2026

    Ascend Elements Inc. sold assets to Kinterra Capital Corp. in the amount of $100M on Jul 1st '26.

Ascend Elements Filings

Explore SEC and related filing metadata, where available.

Ascend Elements filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Ascend Elements's valuation, stock price, and market status.

Is Ascend Elements a public or private company?

Ascend Elements is a private company.

What is the current stock price of Ascend Elements?

Ascend Elements is a private company with no public stock price. No recent secondary market data is available.

How much is Ascend Elements worth (valuation)?

Ascend Elements's valuation is estimated at $1.5B based on funding round data.

Can I buy Ascend Elements stock?

Ascend Elements shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Ascend Elements's last funding round?

Ascend Elements's most recent funding round was Series D Extension on September 6, 2023.

Who are the main investors in Ascend Elements?

Key investors in Ascend Elements include Temasek, Massachusetts Clean Energy Center, Clearvision Ventures, Decarbonization Partners, InMotion Ventures.

Will Ascend Elements IPO soon?

No public IPO plans have been announced for Ascend Elements.

How can I track Ascend Elements secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Ascend Elements's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersWestborough, Massachusetts
Employee Range93
Year Founded2015
Last FundingFeb 21, 2024

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