Batteries beyond their first use
The company combines battery recycling and materials recovery with an energy storage business. Storage helps support electricity demand from data centres, manufacturing and the wider grid.
Closing the Series E
Google joined the financing alongside returning investors Capricorn and Goldman Sachs Alternatives. The extension increased the Series E from $350 million announced in October 2025 to a final $425 million. Only the additional $75 million is counted in this 2026 event.
Where the funding goes
- Energy storage platform expansion
- Battery recycling and critical-minerals operations