Ascend Elements valuation, funding and investors

Ascend Elements works in advanced battery materials manufacturing, based in Westborough, United States. Founded in 2015, it has about 130 employees.

Batteries Westborough Series D

VALUATION · TODAY

$992M −39% after Series D

Range $532M – $3.34B · Grade C

TODAY

+12 MO

$2.00B

$4.00B

$6.00B

$8.00B

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Series B $20.0M

Growth $50.0M

Series C $300M

Series D $460M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY130 employees

−22%6m growth

−29%1y growth

−52%2y growth

100

200

300

Data from Feb 2023

TODAY

Predicted in 1 yr $608M −39% vs today

Predicted next raise $486M if a round comes

Winding-down probability 97%

Last round: Series D · $460M · Sep 2023
Valuation at last round: $3.65B · implied
Headcount: 130 · shrinking
Grade: C
Founded: 2015

How VCMC values companies →

Ascend Elements valuation today

VCMC values Ascend Elements at $992M today, with a range of $532M to $3.3B and a grade of C. The valuation starts from its last funding round, a Series D round in Sep 2023.

Valuation by date (147 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Ascend Elements: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2015	$5.59M	$2.04M – $15.4M	$5.86M (+5%)	before first round	–	unknown	D	0%
1 Feb 2015	$5.62M	$2.04M – $15.4M	$5.88M (+5%)	before first round	–	unknown	D	0%
1 Mar 2015	$5.64M	$2.05M – $15.5M	$5.91M (+5%)	before first round	–	unknown	D	0%
1 Apr 2015	$5.66M	$2.06M – $15.5M	$5.93M (+5%)	before first round	–	unknown	D	0%
1 May 2015	$5.68M	$2.07M – $15.6M	$5.95M (+5%)	before first round	–	unknown	D	0%
1 Jun 2015	$5.70M	$2.08M – $15.7M	$5.98M (+5%)	before first round	–	unknown	D	0%
1 Jul 2015	$5.72M	$2.08M – $15.7M	$6.00M (+5%)	before first round	–	unknown	D	0%
1 Aug 2015	$5.75M	$2.09M – $15.8M	$6.15M (+7%)	before first round	–	unknown	D	0%
1 Sep 2015	$5.77M	$2.10M – $15.8M	$6.32M (+10%)	before first round	–	unknown	D	0%
1 Oct 2015	$5.79M	$2.11M – $15.9M	$6.49M (+12%)	before first round	–	unknown	D	0%
1 Nov 2015	$5.82M	$2.12M – $16.0M	$6.66M (+15%)	before first round	–	unknown	D	0%
1 Dec 2015	$5.84M	$2.13M – $16.0M	$6.84M (+17%)	before first round	–	unknown	D	0%
1 Jan 2016	$5.86M	$2.13M – $16.1M	$7.03M (+20%)	before first round	–	unknown	D	0%
1 Feb 2016	$5.88M	$2.14M – $16.2M	$7.22M (+23%)	before first round	–	unknown	D	0%
1 Mar 2016	$5.91M	$2.15M – $16.2M	$7.40M (+25%)	before first round	–	unknown	D	0%
1 Apr 2016	$5.93M	$2.16M – $16.3M	$7.60M (+28%)	before first round	–	unknown	D	0%
1 May 2016	$5.95M	$2.17M – $16.4M	$7.80M (+31%)	before first round	–	unknown	D	0%
1 Jun 2016	$5.98M	$2.18M – $16.4M	$8.01M (+34%)	before first round	–	unknown	D	0%
1 Jul 2016	$6.00M	$2.18M – $16.5M	$8.22M (+37%)	before first round	–	unknown	D	0%
1 Aug 2016	$6.16M	$2.24M – $16.9M	$8.44M (+37%)	before first round	–	unknown	D	0%
1 Sep 2016	$6.33M	$2.30M – $17.4M	$8.67M (+37%)	before first round	–	unknown	D	0%
1 Oct 2016	$6.49M	$2.36M – $17.8M	$8.90M (+37%)	before first round	–	unknown	D	0%
1 Nov 2016	$6.67M	$2.43M – $18.3M	$9.14M (+37%)	before first round	–	unknown	D	0%
1 Dec 2016	$6.84M	$2.49M – $18.8M	$9.38M (+37%)	before first round	–	unknown	D	0%
1 Jan 2017	$7.03M	$2.56M – $19.3M	$9.63M (+37%)	before first round	–	unknown	D	0%
1 Feb 2017	$7.22M	$2.63M – $19.8M	$9.89M (+37%)	before first round	–	unknown	D	0%
1 Mar 2017	$7.39M	$2.69M – $20.3M	$10.1M (+37%)	before first round	–	unknown	D	0%
1 Apr 2017	$7.59M	$2.76M – $20.9M	$10.4M (+37%)	before first round	–	unknown	D	0%
1 May 2017	$7.79M	$2.84M – $21.4M	$10.7M (+37%)	before first round	–	unknown	D	0%
1 Jun 2017	$8.00M	$2.91M – $22.0M	$11.0M (+37%)	before first round	–	unknown	D	0%
1 Jul 2017	$8.21M	$2.99M – $22.6M	$11.3M (+37%)	before first round	–	unknown	D	0%
1 Aug 2017	$8.44M	$3.07M – $23.2M	$11.6M (+37%)	before first round	–	unknown	D	0%
1 Sep 2017	$8.67M	$3.15M – $23.8M	$11.9M (+37%)	before first round	–	unknown	D	0%
1 Oct 2017	$8.89M	$3.24M – $24.4M	$12.2M (+37%)	before first round	–	unknown	D	0%
1 Nov 2017	$9.14M	$3.33M – $25.1M	$12.5M (+37%)	before first round	–	unknown	D	0%
1 Dec 2017	$9.37M	$3.41M – $25.8M	$12.9M (+37%)	before first round	–	unknown	D	0%
1 Jan 2018	$9.63M	$3.51M – $26.5M	$13.2M (+37%)	before first round	–	unknown	D	0%
1 Feb 2018	$9.89M	$3.60M – $27.2M	$13.6M (+37%)	before first round	–	unknown	D	0%
1 Mar 2018	$10.1M	$3.69M – $27.8M	$13.9M (+37%)	before first round	–	unknown	D	0%
1 Apr 2018	$10.4M	$3.79M – $28.6M	$14.3M (+37%)	before first round	–	unknown	D	0%
1 May 2018	$10.7M	$3.89M – $29.3M	$14.6M (+37%)	before first round	–	unknown	D	0%
1 Jun 2018	$11.0M	$3.99M – $30.1M	$15.0M (+37%)	before first round	–	unknown	D	0%
1 Jul 2018	$11.3M	$4.10M – $30.9M	$15.4M (+37%)	before first round	–	unknown	D	0%
1 Aug 2018	$11.6M	$4.21M – $31.8M	$15.6M (+35%)	before first round	–	unknown	D	0%
1 Sep 2018	$11.9M	$4.33M – $32.6M	$15.7M (+32%)	before first round	–	unknown	D	0%
1 Oct 2018	$12.2M	$4.44M – $33.5M	$15.9M (+30%)	before first round	–	unknown	D	0%
1 Nov 2018	$12.5M	$4.56M – $34.4M	$16.0M (+28%)	before first round	–	unknown	D	0%
1 Dec 2018	$12.9M	$4.68M – $35.3M	$16.2M (+26%)	before first round	–	unknown	D	0%
1 Jan 2019	$13.2M	$4.81M – $36.3M	$16.3M (+24%)	before first round	–	unknown	D	0%
1 Feb 2019	$13.6M	$4.94M – $37.3M	$16.5M (+21%)	before first round	–	unknown	D	0%
1 Mar 2019	$13.9M	$5.06M – $38.2M	$16.6M (+19%)	before first round	–	unknown	D	0%
1 Apr 2019	$14.3M	$5.20M – $39.2M	$16.8M (+17%)	before first round	–	unknown	D	0%
1 May 2019	$14.6M	$5.33M – $40.2M	$16.9M (+15%)	before first round	–	unknown	D	0%
1 Jun 2019	$15.0M	$5.48M – $41.3M	$17.1M (+13%)	before first round	–	unknown	D	0%
1 Jul 2019	$15.4M	$5.62M – $42.4M	$17.2M (+11%)	before first round	–	unknown	D	0%
1 Aug 2019	$15.6M	$5.68M – $42.8M	$17.4M (+11%)	before first round	–	unknown	D	0%
1 Sep 2019	$15.7M	$5.73M – $43.2M	$17.5M (+11%)	before first round	–	unknown	D	0%
1 Oct 2019	$15.9M	$5.78M – $43.6M	$17.7M (+11%)	before first round	–	unknown	D	0%
1 Nov 2019	$16.0M	$5.83M – $44.0M	$17.8M (+11%)	before first round	–	unknown	D	0%
1 Dec 2019	$16.2M	$5.89M – $44.4M	$18.0M (+11%)	before first round	–	unknown	D	0%
1 Jan 2020	$16.3M	$5.94M – $44.8M	$18.2M (+11%)	before first round	–	unknown	D	0%
1 Feb 2020	$16.5M	$5.99M – $45.2M	$18.3M (+11%)	before first round	–	unknown	D	0%
1 Mar 2020	$16.6M	$6.05M – $45.6M	$18.5M (+11%)	before first round	–	unknown	D	0%
1 Apr 2020	$16.8M	$6.10M – $46.0M	$18.7M (+11%)	before first round	–	unknown	D	0%
1 May 2020	$16.9M	$6.16M – $46.4M	$18.8M (+11%)	before first round	–	unknown	D	0%
1 Jun 2020	$17.1M	$6.21M – $46.9M	$19.0M (+11%)	before first round	–	unknown	D	0%
1 Jul 2020	$17.2M	$6.27M – $47.3M	$19.2M (+11%)	before first round	–	unknown	D	0%
1 Aug 2020	$17.4M	$6.33M – $47.7M	$19.3M (+11%)	before first round	–	unknown	D	0%
1 Sep 2020	$17.5M	$6.38M – $48.2M	$19.5M (+11%)	before first round	–	unknown	D	0%
1 Oct 2020	$17.7M	$6.44M – $48.6M	$19.7M (+11%)	before first round	–	unknown	D	0%
1 Nov 2020	$17.9M	$6.50M – $49.0M	$19.9M (+11%)	before first round	–	unknown	D	0%
1 Dec 2020	$18.0M	$6.56M – $49.5M	$20.1M (+11%)	before first round	–	unknown	D	0%
1 Jan 2021	$18.2M	$6.62M – $49.9M	$20.2M (+11%)	before first round	–	unknown	D	0%
1 Feb 2021	$18.3M	$6.68M – $50.4M	$20.4M (+11%)	before first round	–	unknown	D	0%
1 Mar 2021	$18.5M	$6.73M – $50.8M	$20.5M (+11%)	before first round	–	unknown	D	0%
1 Apr 2021	$18.7M	$6.79M – $51.3M	$20.7M (+11%)	before first round	–	unknown	D	0%
13 Apr 2021	$55.2M	$48.0M – $95.2M	$82.7M (+50%)	after a round	–	unknown	B	0%
1 May 2021	$56.3M	$48.0M – $95.2M	$82.7M (+47%)	after a round	–	unknown	B	0%
1 Jun 2021	$58.3M	$48.0M – $95.2M	$82.7M (+42%)	after a round	–	unknown	B	0%
1 Jul 2021	$60.3M	$48.0M – $95.2M	$82.7M (+37%)	after a round	–	unknown	B	0%
1 Aug 2021	$62.4M	$48.0M – $95.2M	$82.7M (+33%)	after a round	–	unknown	B	0%
1 Sep 2021	$64.6M	$48.0M – $95.2M	$82.7M (+28%)	after a round	–	unknown	B	0%
1 Oct 2021	$66.8M	$48.0M – $95.2M	$82.7M (+24%)	after a round	–	unknown	B	0%
1 Nov 2021	$69.1M	$48.0M – $95.2M	$82.7M (+20%)	after a round	–	unknown	B	0%
1 Dec 2021	$71.4M	$48.0M – $95.2M	$82.7M (+16%)	after a round	–	unknown	B	0%
1 Jan 2022	$73.9M	$48.0M – $95.2M	$82.7M (+12%)	after a round	–	unknown	B	0%
1 Feb 2022	$76.5M	$48.0M – $95.2M	$82.7M (+8%)	after a round	–	unknown	B	0%
1 Mar 2022	$78.9M	$48.0M – $95.2M	$82.7M (+5%)	after a round	–	unknown	B	0%
1 Apr 2022	$81.7M	$48.0M – $95.2M	$82.7M (+1%)	after a round	–	unknown	B	0%
1 May 2022	$82.7M	$46.7M – $95.2M	$82.7M (0%)	after a round	–	unknown	B	0%
1 Jun 2022	$82.7M	$44.7M – $95.2M	$82.7M (0%)	after a round	–	unknown	B	0%
1 Jul 2022	$82.7M	$42.8M – $95.2M	$82.7M (0%)	after a round	–	unknown	B	0%
1 Aug 2022	$82.7M	$40.9M – $95.2M	$82.7M (0%)	after a round	–	unknown	B	0%
1 Sep 2022	$327M	$230M – $510M	$360M (+10%)	after a round	–	unknown	B	0%
2 Sep 2022	$327M	$230M – $510M	$360M (+10%)	after a round	–	unknown	B	0%
1 Oct 2022	$330M	$230M – $510M	$360M (+9%)	after a round	–	unknown	B	0%
27 Oct 2022	$1.2B	$823M – $2.2B	$1.5B (+30%)	after a round	–	unknown	B	0%
1 Nov 2022	$1.2B	$823M – $2.2B	$1.5B (+29%)	after a round	–	unknown	B	0%
1 Dec 2022	$1.2B	$823M – $2.2B	$1.5B (+27%)	after a round	–	unknown	B	0%
1 Jan 2023	$1.2B	$823M – $2.2B	$1.5B (+24%)	after a round	–	unknown	B	0%
1 Feb 2023	$1.3B	$823M – $2.2B	$1.5B (+21%)	after a round	94	unknown	B	0%
1 Mar 2023	$1.3B	$823M – $2.2B	$1.5B (+19%)	after a round	94	unknown	B	0%
1 Apr 2023	$1.3B	$823M – $2.2B	$1.5B (+16%)	after a round	94	unknown	B	0%
1 May 2023	$1.3B	$823M – $2.2B	$1.5B (+14%)	after a round	94	unknown	B	0%
1 Jun 2023	$1.4B	$869M – $2.3B	$1.6B (+14%)	after a round	120	up	B	0%
1 Jul 2023	$1.4B	$869M – $2.3B	$1.6B (+11%)	after a round	120	up	B	0%
1 Aug 2023	$1.5B	$869M – $2.3B	$1.6B (+8%)	after a round	120	up	B	0%
1 Sep 2023	$1.5B	$869M – $2.3B	$1.6B (+5%)	after a round	120	up	B	0%
7 Sep 2023	$3.7B	$2.6B – $6.7B	$4.7B (+30%)	after a round	120	up	B	0%
1 Oct 2023	$3.7B	$2.6B – $6.7B	$4.7B (+28%)	after a round	120	up	B	0%
1 Nov 2023	$3.8B	$2.6B – $6.7B	$4.7B (+25%)	after a round	180	growing	B	0%
1 Dec 2023	$3.9B	$2.6B – $6.7B	$4.7B (+22%)	after a round	180	growing	B	0%
1 Jan 2024	$4.0B	$2.6B – $6.7B	$4.7B (+20%)	after a round	180	growing	B	0%
1 Feb 2024	$4.1B	$2.6B – $6.7B	$4.7B (+17%)	after a round	180	growing	B	0%
1 Mar 2024	$4.1B	$2.6B – $6.7B	$4.7B (+14%)	after a round	180	growing	B	0%
1 Apr 2024	$4.4B	$2.7B – $7.1B	$5.0B (+15%)	after a round	230	growing	B	0%
1 May 2024	$4.5B	$2.7B – $7.1B	$5.0B (+12%)	after a round	230	growing	B	0%
1 Jun 2024	$4.6B	$2.7B – $7.1B	$5.0B (+9%)	after a round	230	growing	B	0%
1 Jul 2024	$4.7B	$2.7B – $7.1B	$5.0B (+6%)	after a round	230	growing	B	0%
1 Aug 2024	$4.9B	$2.7B – $7.1B	$5.0B (+3%)	after a round	230	growing	B	0%
1 Sep 2024	$5.2B	$2.8B – $7.4B	$5.2B (0%)	after a round	270	growing	B	0%
1 Oct 2024	$5.2B	$2.8B – $7.4B	$5.2B (0%)	after a round	270	growing	B	0%
1 Nov 2024	$5.2B	$2.8B – $7.4B	$5.2B (0%)	after a round	270	growing	B	0%
1 Dec 2024	$5.1B	$2.8B – $7.3B	$5.1B (0%)	after a round	260	growing	B	0%
1 Jan 2025	$5.1B	$2.8B – $7.3B	$5.1B (0%)	after a round	260	growing	B	0%
1 Feb 2025	$5.1B	$2.9B – $7.3B	$5.1B (0%)	after a round	260	growing	B	0%
1 Mar 2025	$5.1B	$2.9B – $7.3B	$5.1B (0%)	after a round	260	growing	B	0%
1 Apr 2025	$5.1B	$2.9B – $7.3B	$5.1B (0%)	after a round	260	growing	B	0%
1 May 2025	$5.1B	$2.6B – $7.3B	$5.1B (0%)	after a round	260	up	B	0%
1 Jun 2025	$5.1B	$2.5B – $7.3B	$5.1B (0%)	after a round	260	up	B	0%
1 Jul 2025	$5.1B	$2.5B – $7.3B	$5.1B (0%)	after a round	260	up	B	0%
1 Aug 2025	$2.9B	$1.5B – $5.9B	$2.1B (-27%)	after a round	187	down	C	97%
1 Sep 2025	$2.9B	$1.4B – $5.9B	$2.1B (-28%)	after a round	183	down	C	97%
1 Oct 2025	$2.3B	$1.4B – $4.9B	$1.4B (-40%)	after a round	183	shrinking	C	97%
1 Nov 2025	$2.2B	$1.3B – $4.8B	$1.3B (-40%)	after a round	183	shrinking	C	97%
1 Dec 2025	$2.1B	$1.2B – $4.7B	$1.3B (-40%)	after a round	173	shrinking	C	97%
1 Jan 2026	$2.0B	$1.2B – $4.7B	$1.2B (-41%)	after a round	173	shrinking	C	97%
1 Feb 2026	$1.9B	$1.1B – $4.7B	$1.1B (-41%)	after a round	167	shrinking	C	97%
1 Mar 2026	$1.9B	$1.0B – $4.6B	$1.1B (-41%)	after a round	167	shrinking	C	97%
1 Apr 2026	$1.8B	$987M – $4.6B	$1.1B (-42%)	after a round	167	shrinking	C	97%
1 May 2026	$1.7B	$939M – $4.6B	$1.0B (-42%)	after a round	167	shrinking	C	97%
1 Jun 2026	$2.3B	$886M – $6.4B	$1.5B (-35%)	after a round	161	down	C	89%
1 Jul 2026	$2.1B	$828M – $6.3B	$1.3B (-38%)	after a round	148	down	D	97%
1 Aug 2026	$2.0B	$786M – $6.4B	$1.3B (-38%)	after a round	148	down	D	97%
1 Sep 2026	$2.0B	$747M – $6.4B	$1.2B (-39%)	after a round	148	down	D	97%
1 Oct 2026	$1.3B	$691M – $3.4B	$745M (-42%)	after a round	130	shrinking	C	97%
24 Oct 2026	$992M	$532M – $3.3B	$608M (-39%)	after a round	130	shrinking	C	97%

Key facts about Ascend Elements

Founded: 2015
Headquarters: Westborough, United States
Employees: about 130 -29% in a year
Total raised: $830M
Funding rounds: 4
Last round: Series D Sep 2023

Ascend Elements was founded in 2015 by Eric Gratz and Yan Wang.

Ascend Elements funding history

Ascend Elements has 4 funding rounds on record, from Apr 2021 to Sep 2023, $830M in total. The latest disclosed valuation is $55M post-money (Series B, Apr 2021).

Series D 6 Sep 2023
Led by Decarbonization Partners, Temasek, Qatar Investment Authority; with Tenaska, Alliance Resource Partners, PULSE - CMA CGM Energy Fund, BHP Ventures, Fifth Wall, Hitachi Ventures, Mirae Asset Venture Investments, At One Ventures, Agave Partners, Alumni Ventures.
Sources: prnewswire.com, esgtoday.com, alleywatch.com
$460M
Series C 26 Oct 2022
Led by Fifth Wall; with SK ecoplant, Oman Investment Authority, Lithium Americas Corporation, GLy Capital Management’s New Mobility Fund, Mirae Asset Capital & LS, Shinhan GIB, Hitachi Ventures, InMotion Ventures, TDK Ventures, Orbia Ventures, At One Ventures, TRUMPF Venture, Doral Energy-Tech Ventures.
Sources: prnewswire.com, electrive.com, recyclingtoday.com
$300M
Growth Equity 1 Sep 2022
Led by SK ecoplant.
Sources: prnewswire.com, mercomindia.com, recyclingtoday.com
$50M
Series B 12 Apr 2021
Led by Orbia Ventures.
Sources: techcrunch.com
$20M
$55M post-money

Ascend Elements investors

24 investors have backed Ascend Elements; Fifth Wall, Orbia Ventures and SK ecoplant and 3 more led at least one round.

Fifth Wall lead, 2 rounds
Orbia Ventures lead, 2 rounds
SK ecoplant lead, 2 rounds
Decarbonization Partners lead
Qatar Investment Authority lead
Temasek lead
At One Ventures 2 rounds
Agave Partners
Alliance Resource Partners
Alumni Ventures
BHP Ventures
Doral Energy-Tech Ventures
GLy Capital Management’s New Mobility Fund
Lithium Americas Corporation
Mirae Asset Capital & LS
Mirae Asset Venture Investments
Oman Investment Authority
PULSE - CMA CGM Energy Fund
Shinhan GIB
Tenaska
TRUMPF Venture

What Ascend Elements does

Ascend Elements works in batteries, with 14 recorded offerings and customers in automotive and energy.

Ascend Elements, Inc. is an American manufacturing company engaged in battery materials and critical minerals for the energy supply chain. The company operates globally, with a focus on North America and Europe, and is engaged in the recovery and purification of critical materials through processes such as shredding, leaching, impurity extraction, direct precursor synthesis, cathode production, and battery manufacturing. Ascend Elements also provides lithium-ion battery recycling and logistics management services, including secure destruction of R&D materials, and serves major cell and automotive original equipment manufacturers.

Description from Veridion's company data.

Products and services

Advanced Battery Materials Manufacturing
Critical Mineral Supply Chain Development
Lithium-Ion Battery Recycling Services
Battery Component Shredding and Leaching
Impurity Extraction and Purification
Direct Cathode Precursor Synthesis
Battery Material Particle Engineering
Electric Vehicle Battery Material Production
Closed-Loop Battery Material Recycling
Battery Material Logistics Management
R&D Material Secure Destruction Services
Sustainable Battery Material Sourcing
Automotive Battery Material Supply Solutions
Electric Vehicle Battery Material Supply Solutions

Markets

Automotive
Energy

Technology

Hydro-to-Cathode™ Direct Cathode Precursor Synthesis Process
Advanced Particle Engineering Techniques

Supply chain

Sustainable Sourcing
Responsible Sourcing
Circular Supply Chains
Global Sourcing
Supplier Collaboration

Business model

Business-to-Business
Manufacturing
Enterprise

Industry codes (NAICS)

335910 Battery Manufacturing 75% match
562920 Materials Recovery Facilities 25% match

Questions about Ascend Elements

What is Ascend Elements worth?

Valuation $992M (range $532M to $3.3B), as of 24 Oct 2026. The last disclosed valuation was $55M (Series B, Apr 2021).

Has Ascend Elements raised money?

Ascend Elements has 4 funding rounds on record, from Apr 2021 to Sep 2023, $830M in total. The latest disclosed valuation is $55M post-money (Series B, Apr 2021).

Who has invested in Ascend Elements?

Fifth Wall, Orbia Ventures, SK ecoplant, Decarbonization Partners, Qatar Investment Authority and Temasek, and 18 more. Lead investors include Fifth Wall, Orbia Ventures, SK ecoplant and Decarbonization Partners.

How many people work at Ascend Elements?

About 130, down 29% over the last year. Headcount rose from 94 in Jan 2023 to 270 in Aug 2024, then fell to 130 in Sep 2026.

What does Ascend Elements do?

Ascend Elements works in batteries, with 14 recorded offerings and customers in automotive and energy. Its main offerings are advanced battery materials manufacturing, critical mineral supply chain development and lithium-ion battery recycling services.

When was Ascend Elements founded, and where is it based?

Ascend Elements was founded in 2015 and is based in Westborough, United States. It has about 130 employees, down 29% over the last year.

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