Round Type
Venture
Mountain ViewOtherManufacturingInformation TechnologyInvestors
Description
Mitra Future Technologies Inc. ("Mitra Chem"), a leading innovator in North American production of lithium-ion battery materials, today announced that TechMet-Mercuria ("TMM") has invested in its current Series B round and will act as Mitra Chem's exclusive lithium chemicals procurement agent. The investment by TMM and the other participants in the Series B, including GM, will fuel Mitra Chem's mission to develop, deploy, and commercialize US-made iron-based cathode materials in an effort to enable mass-market electrification for electric vehicles, energy storage solutions, and beyond.
Quick answer
Mitra Chem raised an undisclosed amount in a funding round, dated September 13, 2023. Investors: Mitra Chem, GM Ventures, Tmm, Gm and Tech Met Mercuria. Mitra Chem is based in Mountain View, California, United States.
- How much did Mitra Chem raise?
- Mitra Chem raised an undisclosed amount in a funding round on September 13, 2023.
- Who invested in Mitra Chem?
- Mitra Chem, GM Ventures, Tmm, Gm and Tech Met Mercuria are named as investors in this round.
- What does Mitra Chem do?
- Mitra Chem is the first lithium-ion battery materials manufacturer focused on shortening the lab-to-production timeline by over 90%, addressing the largest barrier to innovation: R&D and scale-up speed.
- Where is Mitra Chem based and how big is it?
- Mitra Chem is based in Mountain View, California, United States.
- Who are the decision-makers at Mitra Chem?
- Fundz holds 1 contact at Mitra Chem. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Mitra Chem that raised within 45 days of this round, from Fundz verified event records.
- Amos Power raised $600K (Seed) on October 27, 2023.
- JUUL Labs raised $2B on October 27, 2023.
- Princeton NuEnergy raised $24M on October 26, 2023.
- PHOENIX MOTOR raised $3.4M (Seed) on October 26, 2023.
- Montinutra raised $2.2M (Seed) on October 26, 2023.
- AM Batteries, Inc. raised $27M on October 26, 2023.
Who to call at Mitra Chem, and when
A new round usually means Mitra Chem is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Mitra Chem raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Mitra Chem, from your own LinkedIn network
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Related People
Mitra Chem raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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