Mitra Chem
Lithium-ion battery materials manufacturing
- 21-100 employees
- B2B
- Enterprise
- Manufacturing
- Electric Vehicles
- Supply Chain
- Jackson Park, Mountain View, CA
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Company mission
To be the first lithium-ion battery materials manufacturer to drastically reduce the lab-to-production timeline by over 90%.
Our take
More electric vehicles are now sold each week than in an entire year a decade ago. This large-scale pivot to EV has led to an equally huge surge in demand for batteries. However, this has created a major issue, as production of the increasingly popular lithium iron phosphate (LFP) battery is dominated by China, which produces around two thirds of the world’s LFP battery components.
Mitra Chem is attempting to disrupt this supply chain dominance by manufacturing iron-based cathodes for LFP batteries in North America. Launched in 2021, the startup’s timing couldn't have been much better. As geopolitical and climate issues affect the production of traditionally popular cobalt and nickel based batteries, the likes of Tesla, Ford and General Motors have been ramping up their LFP use and partnering with home-based cell factories.
It's a tough market for battery startups in America at the moment, but Mitra Chem isn't slowing down. Fresh off raising new funding and backing by big names like GM and Social Capital, the company is charging ahead with plans to boost US battery materials production. And with a major grant from the Department of Energy, alongside bold goals to shake up the LFP battery market, Mitra looks ready to power through the challenges ahead.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Free lunch, onsite snacks, drinks and much more!!
- Health spending accounts, along with life and disability insurances
- Comprehensive benefits including health, vision and dental insurance, and 401K
- 401k matching, equity and savings programs
- Flexible time off with company holidays
Funding (last 2 of 5 rounds)
Jun 2025
$15.6m
LATE VC
Aug 2023
$60m
SERIES B
Total funding: $142.7m
This company has top investors
Leadership
Vivas Kumar
(Co-Founder & CEO)Previously worked as a global lead negotiator for Tesla, as well as serving as Principal for Benchmark Mineral Intelligence, a leading advisor in the lithium ion battery and electric vehicle supply chain.
Chirranjeevi Gopal
(Co-Founder & CTO)Before co-founding Mitra Chem, they served as a Senior Engineer at Biotech company Illumina before joining the Toyota Research Institute as a Senior Research Scientist. Previously served as the company's VP of Engineering.
William Chueh
(Co-Founder & Chief Scientific Advisor)Has been a Professor of Materials Science & Engineering at Stanford University since 2012.