Mitra Chem is raising $50M for its cheaper, domestic battery materials


Battery material is a $ 15.6 million worth of $ 15.6 million, a $ 15.6 million in financial round planned for the start Mitra Chem, A, AA the films of the regulation Seen by TechCrunch.

Mitraem Lithium-Iron-phosphate (LFP) batteries are developing materials designed to provide more energy. Automatic workers began to apply to the LFP with an attempt to cut the cost of electric vehicles that can make a significant part of the value of a car.

Currently, the whole LFP material comes with the vast majority of the United States Comes from China.

Techcrunch reached the Mitra Chem for comment, but did not receive the answer immediately.

The new financing is a difficult time for the start of the round battery. Sale of electric vehicles (EVS), some cars and analysts did not grow rapidly.

At the same time, Trump management and congressed Republicans were raped to EVS and battery manufacturers. Reconciliation Billin’s home version Guns the tax loans of houses in 2025 or 2026, or in 2026, how many EVS cars are sold. The Senate has not yet taken the bill.

Mitra Chem has been grown earlier $ 60 million series b Closed in 2023. GM, nest, in-Q-wire, social capital and began with the participation of others. Chamat Palihapitiya’s social capital, in 2021, led the 20 million dollar series. South Korean Battery Materials Company L & F Corporation, a new tour, a participant in the new round, $ 10 million in March, as the Korean economic daily declare.

The company was given a $ 100 million grant from the energy department last year to build a battery materials plant in Michigan. According to federal notes, reward Not yet paid not in the books.



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