# Ascend Elements: Advanced Materials, Westborough, United States

> Ascend Elements: Ascend Elements manufactures sustainable battery materials using elements from discarded lithium-ion batteries.

Source: https://millionrounds.com/startup/ascend-elements (Millionrounds; every figure on the page links to its filing or article)

United States · [Advanced Materials startup](https://millionrounds.com/companies)

# Ascend Elements

Ascend Elements manufactures sustainable battery materials using elements from discarded lithium-ion batteries.

Funding reported Last round: Series D

Advanced Materials Westborough, United States

Company summary

- **Founded:** 2015 11 years old
- **Team:** 251 201 to 1,000 people
- **Funding reported:** $1.7B in dollars
- **Last round:** Series D Feb 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Ascend Elements has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Ascend Elements raised

Funding, as reported

Reported in all **$1.7B** in dollars

Rounds **14**

Last round **Series D**

Last round date **Feb 2024**

Investors listed **37**

Valuation **$1.7B, Mar 2026**

SEC Form D **$720M sold, 6 filings, last Sept 2023**

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Andrew Aberdale** Chief Financial Officer i
- **Michael O'Kronley** Executive Officer, Director i

On the board, as filed i *B.K. Ako-Asare* *Christina Choi* *Eitan Dekel* *Faysal Sohail* *Kelly Kay*

## On 5 portfolio pages

Investors who name them

- [Foothill Ventures](https://millionrounds.com/fund/foothill-ventures)
- [Clean Energy Venture](https://millionrounds.com/fund/clean-energy-venture-group)
- [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures)
- [MassVentures](https://millionrounds.com/fund/massventures)
- [Gly Capital Management Limited](https://millionrounds.com/fund/gly-capital-management-limited)

Each firm lists Ascend Elements on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Advanced Materials in United States

Startups like it

- [**USA Rare Earth** Stillwater · founded 2019](https://millionrounds.com/startup/usa-rare-earth)
- [**Phoenix Tailings** Woburn · founded 2019](https://millionrounds.com/startup/phoenix-tailings)
- [**RWDC Industries** Athens · founded 2015](https://millionrounds.com/startup/rwdc-industries-2)
- [**Virtual Incision** Lincoln · founded 2006](https://millionrounds.com/startup/virtual-incision-2)
- [**Princeton NuEnergy** Bordentown · founded 2019](https://millionrounds.com/startup/princeton-nuenergy)
- [**VenoStent** Houston · founded 2017](https://millionrounds.com/startup/venostent)
- [**UbiQD** Los Alamos · founded 2014](https://millionrounds.com/startup/ubiqd)
- [**Earth Renewable Technologies** founded 2009](https://millionrounds.com/startup/earth-renewable-technologies)

## Is this your company?

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