Ascend Elementsrevenue, valuation & funding
Westborough, MassachusettsFounded 2015CEO Linh Austin
Ascend Elements manufactures advanced battery materials using valuable elements reclaimed from discarded lithium-ion batteries. It is focused on creating a domestic supply of critical minerals through urban mining and innovative recycling processes.
Ascend Elements revenue
Ascend Elements' annual revenue was $169.4M in December 2024 (source not recorded), the most recent figure on record.
| As of | Revenue | Source |
|---|---|---|
| Dec 2024 | $169.4M | – |
– source not recorded
Ascend Elements valuation
Ascend Elements is privately held, so there is no Ascend Elements stock to buy. Investors valued it at $1.7B in its February 2023 funding round.
Ascend Elements funding rounds & investors
Ascend Elements has raised $1B across four rounds since 2023. The latest was a $542M funding round in February 2023.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Feb 2023 | Funding round | $542M | $1.7B |
| Feb 2023 | Funding round | $162M | – |
| 2023 | Funding round | $300M | – |
| 2023 | Funding round | $25M | – |
| Total raised | $1B |
Ascend Elements CEO, founders & employees
Linh Austin founded Ascend Elements in 2015 and runs it as CEO. Ascend Elements has 172 employees (November 2025, LinkedIn).
- Linh AustinCEO/Founder
Ascend Elements FAQ
What is Ascend Elements' revenue?
Ascend Elements' annual revenue was $169.4M in December 2024 (source not recorded). No later figure is on record.
What is Ascend Elements' valuation?
Investors valued Ascend Elements at $1.7B in its February 2023 funding round.
How much funding has Ascend Elements raised?
Ascend Elements has raised $1B across four funding rounds. The latest was a $542M funding round in February 2023.
Is Ascend Elements publicly traded?
No. Ascend Elements is a private company, so its shares aren't traded on a stock exchange.
How many employees does Ascend Elements have?
Ascend Elements has 172 employees as of November 2025, according to LinkedIn.
Who is the CEO of Ascend Elements?
Linh Austin is the CEO of Ascend Elements and founded the company in 2015.
Who founded Ascend Elements?
Linh Austin founded Ascend Elements in 2015.
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How this page is sourced
1 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 13, 2026Data disclaimerReport a correctionClaim this profileRun Ascend Elements? Join the podcast