Diligence memo · auto-generated · as of July 2, 2026
Redwood Materials, Inc.
Redwood Materials, Inc. has raised $1.0B over 5 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Redwood Materials, Inc. operates in Energy, based in CARSON CITY. Redwood Materials is building the U.S. stockpile of critical materials and deploying large-scale energy storage systems that power data centers and the nation’s grid.
Sub-sector tags: energy.
Capital & rounds (filed)filed
Redwood Materials, Inc. has raised $1.0B in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $777M on 2021-05-28.
Most recent recorded round closed around 2022-06-17.
Valuation (modeled)modeled
Provath models Redwood Materials, Inc. at approximately $1.7B (range $1.1B–$2.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 15 months.
Last raise 4.0 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.4× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 100% of Energy peers (69 compared).
Modeled value ranks above 97% of those peers.
Closest niche peers: TBC - The Boring Co.
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.