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GM invests in company developing lower-cost EV batteries - Vimarsana News

GM invests in company developing lower-cost EV batteries

General Motors said Wednesday it has completed $40 million of a $60 million investment in the start-up company Mitra Chem to develop and produce new iron-based EV battery technology.

Source: upi.com
Mitra Chem Announces First Close of $60 Million Series B Round Led by GM - Vimarsana News

Mitra Chem Announces First Close of $60 Million Series B Round Led by GM

/PRNewswire/ -- Mitra Future Technologies Inc. ("Mitra Chem"), a leading innovator in North American production of lithium-ion battery materials, today...

GM partners with AI-powered battery materials startup Mitra Chem to develop cheaper EV batteries - Vimarsana News

GM partners with AI-powered battery materials startup Mitra Chem to develop cheaper EV batteries

General Motors Company (NYSE:GM) (GM) is leading a $60 million financing round in AI-powered battery materials developer Mitra Chem. The California-based...

Mitra Chem Holds First Close of $60M Series B Funding - Vimarsana News

Mitra Chem Holds First Close of $60M Series B Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Amogy Increases Series B Round To $150 Million - Vimarsana News

Amogy Increases Series B Round To $150 Million

Brooklyn, N.Y. based startup Amogy on Monday announced it has raised more funds to help it commercialize and begin manufacturing…