Redwood Materials reportedly cuts 5% of staff after $350M raise

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Redwood Materials reportedly cuts 5% of staff after $350M raise

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The battery recycling and cathode production company, founded by former Tesla CTO JB Straubel, has started using recycled battery materials to create energy storage solutions for AI data centers.

Source: https://techcrunch.com/2025/11/26/redwo ... 50m-raise/
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