United States · Funded startup

Who invested in Highland Materials

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Art & DesignManufacturing

Funding summaryUpdated 26 Oct 2026

$256Mraised across 1 round since 2024, from 1 source

Latest round
Grant, $256MApr 2024
Investors
1
See who backed them

The rounds

  1. Apr 2024
    Grant$256M

    Source recorded

Founders and team

From Highland Materials's own website: 6 on the team.

  • Richard RastCEO
  • Alain TurenneChief Technology Officer
  • David A. GoldenBoard Member
  • Monica EnglerController / Business Manager
  • Sigurgeir TryggvasonBoard Member
  • Terry JesterChairman of the Board

AdvisersClemens Hofbauer

Everyone who backed them

US Department of EnergyGovernment1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Highland Materials

Who invested in Highland Materials?

Highland Materials's investors include US Department of Energy.

How much has Highland Materials raised?

Highland Materials has raised $256M across 1 round since 2024.

When did Highland Materials last raise?

Highland Materials's most recent round was a Grant of $256M in Apr 2024.

What was Highland Materials's biggest round?

Its most recent round, $256M in Apr 2024, is also its largest on record.

Who backed Highland Materials first?

Highland Materials's first round on record, in Apr 2024, was backed by US Department of Energy.

What stage is Highland Materials at?

Highland Materials's latest named round is a Grant, in Apr 2024.

Where is Highland Materials based?

Highland Materials is based in the United States.

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