Amazon Climate Pledge Fund has reinvested in the battery recycling services provider at a reported $3.7bn post-money valuation.

US-headquartered battery supply chain developer Redwood Materials raised over $700m yesterday from investors including e-commerce and cloud computing group Amazon’s Climate Pledge Fund. The round was led by funds and accounts advised by investment management firm T Rowe Price, and it valued the company at $3.7bn post-money, a source familiar with the round told TechCrunch.…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.