Redwood Materials Revenue, Valuation, Funding & Investors

EcoCeres is a Hong Kong-based advanced biorefinery company converting waste-based biomass into lower-carbon transport fuels and renewable chemical products. Its principal outputs include sustainable aviation fuel and hydrotreated vegetable oil made from used oils, agricultural residues and other waste feedstocks. EcoCeres supplies airlines, fuel distributors and transport-sector customers seeking certified substitutes for fossil jet fuel and diesel. Revenue is generated through industrial production and long-term sales of renewable fuels, supported by proprietary pretreatment and refining technology. The Hong Kong-headquartered company has developed commercial production in Asia and entered partnerships aimed at expanding sustainable aviation fuel adoption. HKIC’s capital and ecosystem support are intended to accelerate technology development, international market access and Hong Kong’s role in sustainable aviation.

Canmax Technologies Co Ltd is engaged in Research and development, production and sales of new energy lithium battery materials products, anti-static ultra-clean technology products and medical equipment products.

Jinko Solar is the largest Chinese solar module manufacturer by global shipment in 2024. Jinko's products are distributed across nearly 200 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production. Jinko's N-type cell capacity is industry-leading in scale.

SVOLT is a battery maker based in Jintan District, Changzhou, Jiangsu, that develops and produces cells, modules and packs for electric vehicles and a range of energy storage systems. Great Wall Motor set it up in February 2018 as a wholly owned subsidiary, and outside investors including CMG-SDIC Capital, Bank of China Group Investment, IDG Capital and Xiaomi bought in through financing rounds in 2020 and 2021 that raised more than 20 billion yuan. The company reports 14 production sites, three research centres, more than 13,000 employees and 5.2 billion yuan of research spending between 2019 and 2025. Great Wall Motor accounted for 98.68 percent of its revenue in 2020. SVOLT filed for a listing on the Shanghai STAR Market in 2022, invested in the recycling company Shunhua Lithium that year, and sold a 40 percent stake in its Thai unit to Banpu NEXT in 2023.

Ecopro Co Ltd is engaged in the battery materials business, mainly serving the lithium-ion battery industry. The company operates through two reportable segments: Battery Materials business and Other business. The Battery Materials business segment focuses on cathode materials, the core components used in lithium-ion batteries, and also covers precursors, lithium, and recycling activities related to the cathode materials business.

Tongwei is the world's largest polysilicon producer and a leading solar cell and module supplier. The solar business contributed more than 60% of revenue in 2024. In addition, Tongwei runs a feed and food business, which made up 35% of revenue in 2024.

Kingfa Sci & Tec Co Ltd is a China-based company engaged in the modified plastics industry. Its products include the development of modified plastics, fully biodegradable plastics, high-performance carbon fiber and composite materials, special engineering plastics, environmentally-friendly recycled plastics, fire retardant, and toughened plastics.

Sunwoda Electric Vehicle Battery is a Chinese maker of power batteries for electric and hybrid vehicles and a subsidiary of Shenzhen-listed Sunwoda Electronic. It produces battery cells, modules, packs and battery management systems for battery electric, hybrid and plug-in hybrid vehicles, and supplies automakers such as Dongfeng, Geely, Volkswagen, Volvo Cars and Li Auto. Its power battery business reported revenue of RMB 2.93 billion in 2021 and RMB 12.7 billion in 2022, and it ranked among the top ten power battery makers in China by installed capacity. Outside investors include Shenzhen Capital Group, Meituan, Broad Vision Funds, Li Auto and Xpeng affiliates and several state-linked funds, which together diluted the parent below 40 percent in 2022. The company started a process in October 2023 to list separately on the Shanghai market.

Farasis Energy is a global lithium-ion battery manufacturer producing power systems for electric vehicles, energy storage grids, and commercial applications. The company operates production facilities in China and the United States with partnerships including BMW for automotive battery supplies. Farasis Energy supplies high-energy-density cells addressing transportation electrification and renewable grid integration needs.

CSI Solar is a leading Chinese solar module producer, ranking seventh by solar module shipments in 2024. The company's products are available in over 160 countries and regions. CSI operates a vertically integrated production process, encompassing solar wafers, cells, and module production.

Kraken is a London-headquartered customer engagement platform for energy, water, and broadband providers across Europe and North America. Its technology stack includes billing, CRM, self-service portals, and smart metering analytics to streamline operations. Kraken serves utilities like Octopus Energy and OVO, enabling net-zero transitions through demand response and EV charging management. The platform processes millions of customer interactions monthly, supporting regulatory compliance in deregulated markets.

Premier Energies Ltd is an integrated manufacturer of solar cells and solar modules. The company mainly engages in the manufacturing and trading of solar modules, solar cells, and solar accessories. The majority of the company's revenue comes from the sale of these products and silicon wafers. Additionally, the company earns revenue from the sale of manufactured solar modules and from construction and project-related activities. Geographically, the company generates almost all of its revenue within India.

Shanghai Aiko Solar Energy Co Ltd is engaged in research, manufacturing and sales of crystalline silicon solar cells. The company's products include C&I Scenario COMET Series, Residential Scenario NEOSTAR Series, Lightweight module AIR and Utility Scenario STELLAR Series.

Trina Solar is one of the top four Chinese solar module producers. Trina's products are available in over 170 countries and regions. The company operates a vertically integrated production process, covering everything from solar wafers and cells to complete modules.

Indigo Ag is an agricultural technology company that sells microbial seed treatments and runs programs that pay farmers for practices that store carbon in soil. It began as a Flagship Pioneering venture to apply naturally occurring microbes to crops so they tolerate drought and disease with fewer chemical inputs. Over time it added a grain marketplace and transportation services that link growers to buyers, and a carbon program that generates credits sold to companies. Customers are farmers, grain buyers and food and beverage companies, and revenue comes from product sales, marketplace and logistics fees, and credit sales. The company was founded in 2014 and is headquartered in Boston, Massachusetts. It acquired the satellite analytics firm TellusLabs in 2018 and the soil data company Soil Metrics in 2021.

Enphase Energy is a global energy technology company. It delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Enphase derives a majority of revenue from the United States.

Nextpower (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextpower's products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. Nextpower has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.

QuantumScape is a developer of solid-state lithium-metal battery technology intended for electric vehicles and other energy-storage applications. The organization serves B2B customers and counterparties through the operating assets, products, or financial capabilities described in the cited transaction materials. Its principal economics are Product sales, Licensing, while its competitive position depends on sector expertise, asset quality, customer relationships, execution, and disciplined capital allocation. The business was founded in 2010 and is headquartered in San Jose. At the 2020 Series F date the company remained pre-commercial and used strategic capital to scale cell development and manufacturing preparations. The profile reflects the legal or operating business at the transaction date, including its historical identity where a subsequent listing, merger, privatization, disposal, or reorganization changed its name or ownership.