2025: A defining year for Redwood

2025 was a defining year for Redwood. 

We launched Redwood Energy, expanding our work beyond recycling and refining into grid-scale energy storage. That same principle has guided us from the start: putting what already exists back to work. Giving battery packs a second life turns idle assets into reliable, affordable grid storage—and shows how waste-to-value can scale into a more resilient energy system built here at home.  

In under four months, we deployed North America’s largest microgrid to power AI factories for Crusoe, while deepening our collaboration with partners like GM to tap into the growing supply of domestic batteries for use in our next-generation storage systems. 

We expanded our physical footprint nationwide, opening a new R&D Center in San Francisco and bringing the first phase of our South Carolina recycling operations online, adding more than 20,000 metric tons of annual processing capacity,  

At our Nevada Campus (which now spans more than 2 million square feet under roof across nearly 900 acres), we produced 60,000 metric tons of critical minerals, making Redwood one of the largest domestic sources of nickel, cobalt, lithium, and copper. And this year, a Stanford-led lifecycle analysis published in Nature validated the sustainability and resource-efficiency benefits of our recycling and refining process, reinforcing what we already know: recycling batteries at scale is far more resource-efficient—using substantially less energy, water, and producing fewer emissions—than mining new materials and plays an important role in strengthening the U.S.’ supply chain.  

To close out the year, we launched the Redwood Battery Bin, creating a simple, safe, and scalable way for communities to recycle batteries and devices. Every item dropped into one of our patented, fully automated bins becomes future critical minerals that can be recovered and put back to work. 

From recycling to storage, Redwood remains focused on engineering innovative battery technology that turns waste into value. We were humbled to close an oversubscribed $350 million Series E round, welcoming new strategic partners including NVIDIA’s venture arm, NVentures, as we continue to advance this mission. 

We’re deeply grateful to the partners, customers, and communities who made 2025 such a defining year, and we’re excited to carry this momentum into 2026.