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3 Latest Announced Rounds

$1,652.74M Raised in 81 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Ascend Elements

start up
United States - Westborough, Massachusetts
  • 12/09/2023
  • Series D
  • $542,000,000

Based in Westborough, Mass., Ascend Elements is revolutionizing the production of lithium-ion battery materials by establishing a clean and sustainable supply chain using recycled feedstock. Its patented Hydro-to-Cathode™ technology directly synthesizes new cathode active materials from spent lithium-ion cells more efficiently than traditional methods, resulting in reduced cost, improved performance, and lowered GHG emissions. The results are lower cost, better performance batteries with fewer discarded in landfill, a cleaner manufacturing process, and a truly sustainable closed-loop circular battery economy. Ascend Elements is taking the lithium-ion battery industry to a higher level.


Related People

Mike O'KronleyFounder

Mike O'Kronley United States - Detroit Metropolitan Area

Dynamic business leader with 25+ years of diverse industry experience, in multiple functional areas, including new business development, program management, product development, manufacturing operations and business planning & strategy development. Possess strong leadership, team building and business acumen skills resulting in value creation within organizations.