Ascend Elements raise a monumental $542 million Series D

Ascend Elements raise a monumental $542 million Series D

Huge congratulations to our portfolio company Ascend Elements on their monumental $542 million Series D. The round, led by Decarbonization Partners, Temasek, and Qatar Investment Authority, is one of the top 10 equity private placements in the United States this year. The fresh capital will be coupled with $480 million in U.S. Department of Energy (DOE) grants to fund construction of a cathode precursor manufacturing facility in Kentucky: the first …