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Ascend Elements
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Provider of lithium-ion battery recycling services

Founded in 2015
Founded in

Company type Private Public ()
Company type

Industry Group waste & recycling

Sector waste management

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Worcester, MA Worcester, United States
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Updated by at on 10/05/2023

Edited by Cleantech Group on 01/30/2025

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Date Company
03/14/2023

Koura Koura

Ascend Elements will supply up to 5,000 metric tons of recycled and recovered lithium carbonate per year.

Confirmed by Koura

Partnerships
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Date Partner Type
05/10/2024
Call2Recycle Call2Recycle
The program combines the EV battery recycling infrastructure and advanced technologies of Ascend Elements with the collection, logistics and tracking capabilities of Call2Recycle.
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Confirmed by Call2Recycle
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IPO INFORMATION

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Description

Date Investors Type Amount
09/19/2024 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
This project aims to efficiently recover 95% of graphite, 96% of lithium and >98% of cobalt, nickel, and manganese from black mass and return cathode materials, anode materials, and critical minerals back to the domestic supply chain.
Grant $125,000,000
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