Ascend Elements raises $162 million for Kentucky plant to create cathode materials from recycled batteries – Charged EVs
Baua Electric
MARCH 29, 2024
Ascend Elements , a battery recycling company, has raised $162 million in equity investments from Just Climate, Clearvision Ventures and IRONGREY, bringing its 12-month funding total to $704 million. The new funding will be used to advance construction of the company’s Apex 1 plant in Hopkinsville, Kentucky.
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