Mitra Chem

Mitra Chem, headquartered in Mountain View, California, develops advanced iron-based cathode materials for electric vehicles and energy storage. Leveraging machine learning, they reduce development timelines by 90%, promoting sustainable energy solutions and supporting U.S. clean energy objectives.

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Mitra Chem stands as a prominent innovator in battery materials development, specializing in iron-based cathode materials for the transportation and energy storage sectors. Founded in 2021 and operating from Mountain View, California, the company creates advanced solutions for mass-market electrification. Their distinctive approach integrates machine learning technology into battery product research and manufacturing processes, resulting in a 90% reduction in development timelines for iron-based cathodes. As the first North American company to achieve this integration, Mitra Chem addresses critical supply chain challenges while supporting the United States’ clean energy objectives, including the targets for carbon-free electricity generation by 2030 and zero-emission vehicle sales by 2035.

Battery Technology

Mitra Chem’s primary focus lies in developing and commercializing Lithium Iron Phosphate (LFP) and Lithium Manganese Iron Phosphate (LMFP) cathode materials. These technologies offer significant advantages over traditional nickel and cobalt-based alternatives, providing enhanced safety features and environmental benefits. Their proprietary acceleration platform combines advanced machine learning capabilities with automation, enabling the synthesis and testing of thousands of cathode designs monthly.

The company’s iron-based cathodes are specifically engineered for electric vehicle applications and energy storage systems. These materials deliver superior performance while reducing dependence on geopolitically sensitive resources. Mitra Chem’s manufacturing processes incorporate innovative techniques that ensure consistent quality and scalability, meeting the stringent requirements of automotive and energy storage applications. Their technology allows for rapid material optimization and performance validation, supporting the increasing demand for sustainable energy solutions.

Recent Projects

In September 2024, Mitra Chem secured a $100 million grant from the U.S. Department of Energy to establish a domestic battery manufacturing facility. The company also initiated a significant joint development project with Sun Chemical to create U.S.-based iron phosphate and lithium iron phosphate production capabilities. By 2027, Mitra Chem aims to achieve an annual production capacity of 15,000 metric tons of LFP materials, with plans to double this output subsequently.

Investors

Mitra Chem has attracted substantial investment from industry leaders and venture capital firms. General Motors leads their Series B funding round, demonstrating strong confidence in their technology and market potential. Additional investors include Alpha Wave Ventures, Zeon Ventures, InQTel, TechMet-Mercuria, and GS Futures. The company has accumulated total funding of $117.05 million, supporting their expansion and technological advancement initiatives.