Technology

Mitra Chem takes aim at Chinese dominance of battery materials supply chain

Mitra Chem takes aim at Chinese dominance of battery materials supply chain

Mitra Future Technologies, also known as Mitra Chem, has raised a $20 million Series A led by billionaire investor Chamath Palihapitiya’s Social Capital Holdings. The startup aims to boost the North American battery supply chain industry that’s currently dominated by China, by producing an iron-based cathode for non-Chinese applications.

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