Investors looking for opportunities to prosper from the increasing presence of lithium-ion batteries, had have set their sights on Redwood Materials stock. The company, created in 2017 by Tesla co-founder J.B. Straubel, is driving to advance a more sustainable future by recycling lithium-ion batteries, refining the battery materials, and remanufacturing them for future use.
The opportunity is considerable. According to one estimate, the lithium-ion battery recycling market is expected to increase at a compound annual growth rate of almost 31%, from about $6.5 billion in 2022 to roughly $47 billion in 2031.
While it's still the early innings for Redwood Materials, the company has garnered attention from leading carmakers. The company received notable investment from Ford (F -1.52%), Volkswagen (VWAGY -1.85%), Toyota (TM -0.39%), and BMW (BAMXF -6.12%) from 2021 to 2025.
For people looking to power their portfolios with Redwood Materials stock, there are a variety of things to consider, such as how to buy shares of Redwood Materials, when it will hold its potential initial public offering (IPO), and if there are alternative investment opportunities.
IPO
Is Redwood Materials stock publicly traded?
As of 2025, Redwood Materials' stock was not publicly traded, so investors looking to pick up shares are currently out of luck.
Besides the equity that insiders hold in the company, financial institutions like Goldman Sachs (GS -1.42%) and T. Rowe Price (TROW -0.77%) also hold stakes in Redwood Materials. After its latest Series D funding round, Redwood Materials had raised more than $2 billion in private investments.
The bottom line on Redwood Materials
In light of its considerable market opportunity, opening a sizable facility in South Carolina, and partnerships formed with industry-leading automakers, it's no wonder that investors are interested in Redwood Materials. They'll have to wait before they pick up shares, though. Since it's still a privately held company and there's no indication that an IPO is on the horizon, investors will have to find alternative investment opportunities. Fortunately, though, there's no shortage of options -- from Ford to individual growth stocks like LanzaTech and PureCycle Technologies to various ETFs that focus on batteries, green energy, and waste management.
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About the Author
Scott Levine has positions in Brookfield Renewable. The Motley Fool has positions in and recommends Goldman Sachs Group and T. Rowe Price Group. The Motley Fool recommends Bayerische Motoren Werke Aktiengesellschaft, Brookfield Renewable, Darling Ingredients, Volkswagen Ag, and WM and recommends the following options: short January 2026 $35 calls on Darling Ingredients. The Motley Fool has a disclosure policy.
