Ascend Elements
Refining critical minerals for greater supply security and energy independence.
160 employees · est. 2015 · Westborough, United States
Northvolt
Electrification, renewable energy storage, and batteries are crucial for a carbon neutral society; Northvolt builds Europe's largest battery factory.
1647 employees · est. 2016 · Stockholm, Sweden
Ascend Elements is the older company (2015 vs 2016); Northvolt is the larger of the two.
2 signals in the last 90 days
Side-by-Side Comparison
| Metric | Ascend Elements | Northvolt |
|---|---|---|
| Founded | ||
| Founded | 2015 older | 2016 |
| Headquarters | ||
| Headquarters | Westborough, United States | Stockholm, Sweden |
| Employees | ||
| Employees | 160 | 1647 larger |
| Industry | ||
| Industry | Manufacturing, Sustainability, Energy Storage | Energy, Transportation |
| Funding Stage | ||
| Funding Stage | Secondary Market | Acquired |
| Total Funding | ||
| Total Funding | $1.71B | $12.24B |
| Funding Rounds | ||
| Funding Rounds | 16 | 14 |
| Services | ||
| Services | Recycling lithium-ion batteries, Producing high-performance battery materials, Direct cathode precursor synthesis, Materials tracking and logistics support, End-to-end battery material recovery | Battery Production, Battery Recycling, Custom Energy Solutions, Research and Development |
| Target Customers | ||
| Target Customers | Lithium-ion battery manufacturers, Electric vehicle manufacturers, OEMs, Companies focused on sustainability, Entities requiring battery recycling solutions | Automotive Industry, Construction Sector, E-mobility Companies, Grid Management, Industrial Applications |
| Taxonomy | ||
| Taxonomy | Sustainable Battery Materials, EV Battery Recycling, Closed-loop Solutions, Hydro-to-Cathode Technology, Lithium-ion Battery Precursor, Cathode Active Materials, Greenhouse Gas Emissions Reduction, Advanced Battery Materials, Hydroprocess Recycling, Direct Recycling, Precious Metal Recovery, Resource Efficiency, Clean Manufacturing, Circular Economy, Asset Optimization | Electrification, Battery Manufacturing, Renewable Energy Storage, Sustainable Industry, Decarbonization, Fossil-Free Energy, Sustainable Sourcing, Raw Materials Recycling, Green Technology, Environmental Sustainability, Clean Energy Solutions, Energy Transition, Sustainable Engineering, Innovative Manufacturing, Battery Recycling |
| Website | ||
| Website | ascendelements.com | northvolt.com |
About Ascend Elements
Ascend Elements, established in 2015 and headquartered in Westborough, Mass., is a pioneering force in the lithium-ion battery materials sector. With a strong focus on sustainability within the manufacturing, sustainability, and energy storage industries, the company aims to advance environmental go...
About Northvolt
Northvolt is at the forefront of transforming the energy landscape with a mission to build Europe's largest battery factory in pursuit of a sustainable future. Founded in 2016 and headquartered in Sweden, the company is dedicated to creating a decarbonized world through its innovative approach to ba...
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BounceWatch watches Ascend Elements and Northvolt for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Ascend Elements and Northvolt — by email.
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Compiled from the BounceWatch company index. We last looked at Ascend Elements on 19 Aug 2025, and Northvolt on 11 Jun 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.