Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Ascend Elements

Explore full profile

Engineered battery materials from recycled lithium-ion sources.

Westborough, United StatesFounded 2015Transportation
Headcount 100–500 Current team size
Total funding $1–2.5B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ascend Elements and the history behind them.

About Ascend Elements

Ascend Elements is a pioneering startup that operates in the sustainable energy sector, specifically focusing on lithium-ion battery materials and recycling. The company serves clients in the electric vehicle (EV) battery manufacturing industry, providing them with high-value materials reclaimed from spent lithium-ion batteries.

Read full description

Ascend Elements has developed a patented process called Hydro-to-Cathode® direct precursor synthesis. This innovative process transforms waste from used lithium-ion batteries and manufacturing scrap into valuable materials for future EV batteries. The company's approach is not just about recycling; it's about upcycling. They take discarded batteries and transform them into premium cathode active materials, all while reducing costs and carbon emissions.

The company's business model is centered around sustainability and value creation. They don't just produce commodity metals; they use advanced particle engineering techniques to create highly engineered precursor and cathode active materials that meet client specifications. Ascend Elements also offers full-service logistics, materials-tracking, and customer support services to simplify their clients' pursuit of greater sustainability and higher value.

In essence, Ascend Elements is a company that turns e-waste into critical battery materials, providing a sustainable solution for the EV battery industry. They are driving the industry towards a more sustainable future by raising the value of critical elements like lithium, cobalt, and nickel, and reducing cost and carbon emissions.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
Westborough, United States
Sector
Transportation

Investors

31 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • US National Science Foundation
  • Massachusetts Clean Energy Center
  • MassVentures
  • US Department of Energy

Series A7 investors entered at this stage

  • Orbia Ventures
  • TRUMPF Venture
  • InMotion Ventures
  • At One Ventures
  • Doral Energy-Tech Ventures
  • TDK Ventures
  • Hitachi

Series B and later20 investors entered at this stage

  • SK ecoplant
  • Fifth Wall Ventures
  • Mirae Asset Capital
  • Oman Investment Fund
  • Lithium Americas
  • Hitachi Ventures
  • Shinhan GIB
  • GLY Capital Management
  • Alumni Ventures
  • Qatar Investment Authority
  • Alliance Resource Partners
  • Decarbonization Partners
  • Temasek
  • Tenaska
  • CMA CGM
  • BHP
  • Agave Partners
  • IRONGREY
  • Just Climate
  • Clearvision Ventures
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇺🇸 United States90.2%
🇨🇦 Canada4.5%
🇵🇱 Poland1.8%
🇵🇹 Portugal0.9%
🇮🇱 Israel0.9%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ascend Elements on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Ascend Elements on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.