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When Uncle Sam Turns Venture Capitalist, What Could Go Wrong?

The battery recycler Ascend Elements was riding high in 2023, flush with hundreds of millions of dollars in federal funding.

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The battery recycler Ascend Elements was riding high in 2023, flush with hundreds of millions of dollars in federal funding.

14 days ago

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RealClearInvestigations broke the news in Northbrook, United States 15 days ago on Tuesday, July 7, 2026.

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The company’s April bankruptcy left taxpayers out nearly $320 million and intensified questions about DOE grants to private firms.