Ascend Elements

● Recently verified Last updated: Jun 17, 2026 Data last verified: Jun 25, 2026

Ascend Elements: $3.2B valuation, IPO Readiness 52, Series E. Ascend Elements is the battery recycling and materials company building the domestic supply chain for critical. Track live on The IPO Stack.

Series EClimate & Energyprivate
52
/100
IPO Readiness Score
Grade D — Early Stage
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
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Ascend Elements is the battery recycling and materials company building the domestic supply chain for critical battery materials, converting spent lithium-ion batteries into new cathode materials using hydrometallurgical processing. Valued at 1B USD with 700M raised, Ascend operates the largest lithium-ion battery recycling facility in North America. Major energytech IPO candidate as domestic battery supply chains become critical for US EV manufacturing and grid storage.

Valuation
$3.2B
Total Funding
$1.3B
Stage
Series E
Sector
Climate & Energy
Headquarters
Westborough, MA
CEO
Michael O'Kronley
IPO Status
private

Funding History

Round Amount Date Lead Investors
Series E $300M Jun 2026
Series C $200M Sep 2022 Decarbonization Partners, Clearvision Ventures
Series B $50M Sep 2021 TDK Ventures, Fifth Wall
Series A $9M Jun 2019 Closed Loop Partners
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Track Ascend Elements IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Ascend Elements going public? +

Ascend Elements has not publicly announced IPO plans. Track TechStackIPO for the latest signals and subscribe to The IPO Stack for weekly updates.

What is Ascend Elements's current valuation? +

Ascend Elements is valued at $3.2B as of September 2022. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Ascend Elements before IPO? +

Accredited investors can access Ascend Elements shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Ascend Elements's IPO Readiness Score? +

Ascend Elements scores 52/100 (Grade: D) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Ascend Elements raised? +

Ascend Elements has raised $1.3B in total venture capital and private equity funding, with backing from Decarbonization Partners, Clearvision Ventures, TDK Ventures.

Who are Ascend Elements's key investors? +

Ascend Elements's notable investors include Decarbonization Partners, Clearvision Ventures, TDK Ventures, Fifth Wall, Closed Loop Partners. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Ascend Elements in? +

Ascend Elements is a Climate & Energy company. Ascend Elements is the battery recycling and materials company building the domestic supply chain for critical battery m.

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