
Mitra Chem is raising $50M for its cheaper, domestic battery materials
TechCrunch Startup News
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Funding Developments in Battery Materials for Electric Vehicles
This chapter covers MitraChem's recent $15.6 million funding round aimed at advancing lithium iron phosphate (LFP) battery materials. It addresses the challenges faced by battery startups in a volatile electric vehicle market and the impact of possible legislative changes on EV incentives.
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