BEST Magazine
17 September 2026
TDK Ventures backs R3 Lithium, mirroring earlier Ascend investment
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services. New technologies may create opportunities or challenges for equipment processing.
TDK Ventures has invested in R3 Lithium, which acquired the former Ascend Elements battery recycling plant in Covington, Georgia. The US-based investment arm of the Japanese materials company was also an investor in Ascend Elements, previously known as Battery Resourcers. The investment forms part of R3’s previously announced $15 million Series A round, alongside Integral…
Key Takeaways
- • TDK Ventures backs R3 Lithium, mirroring earlier Ascend investment.
