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Mitra Chem - About the company

Mitra Chem is a series B company based in Palo Alto (United States), founded in 2021 by William Chueh and Chirranjeevi Gopal. It operates as a Manufacturer of materials for energy, artificial intelligence, and defense applications. Mitra Chem has raised $95.6M in funding from General Motors and Social Capital, with a current valuation of $*****. The company has 75 active competitors, including 23 funded and 8 that have exited. Its top competitors include companies like Mangrove Lithium, Anaphite and Ascend Elements.

Company Details

Manufacturer of materials for energy, artificial intelligence, and defense applications. The company focuses on shortening the lab-to-production timeline for battery materials. It integrates machine learning into research and development and manufacturing. The company's initial product focus is on iron-based cathode active material.
Social
X
Registered Address
Palo Alto, California, United States
Key Metrics
Founded Year
2021
Location
Palo Alto, United States
Stage
Series B
Total Funding
$95.6M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jul 27, 2023
Ranked
Employee Count
48 as on Sep 30, 2026
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Mitra Chem's funding and investors

Mitra Chem has raised a total funding of $95.6M over 4 rounds. Its first funding round was on Nov 15, 2021. Mitra Chem has 18 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Mitra Chem:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 23, 2025
4000169
Series B
2090993
2465779
9559023
1394255
May 13, 2024
3512211
Series B
3120737
4323297
2392269
Jul 11, 2023
2404086
Series B
3617667
4990323
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Mitra Chem's founders and board of directors

Founder? Claim Profile
The founders of Mitra Chem are William Chueh and Chirranjeevi Gopal.
Here are the details of Mitra Chem's key team members:

Mitra Chem's Board of Directors

Mitra Chem's board has 9 active members. Chamath Palihapitiya, William Chueh, Will Drewery, Michal Wolkin, Denise Gray, Elan Frantz, William Drewery, Jiang-Ling Du and Vivaswath Kumar are independent board members.
Here is the list of Mitra Chem's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
4y 11m
oflywjt
Independent board member
-
Current
3y 4m
pboo{hp
Independent board member
-
Current
4y 6m
rjvopvw
Independent board member
-
Current
6y 8m
asysvly
Independent board member
-
Current
5y 6m
jp{lvna
Independent board member
-
Current
2y 3m
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Independent board member
-
Current
5y 6m
hehufqi
Independent board member
-
Current
1y 7m
ciophve
Independent board member
-
Current
7y 2m

Mitra Chem's employee count trend

Mitra Chem has 48 employees as of Sep 26. Here is Mitra Chem's employee count trend over the years:
Employee count trend for Mitra Chem
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Mitra Chem's Competitors and alternates

Top competitors of Mitra Chem include Mangrove Lithium, Anaphite and Ascend Elements. Here is the list of Top 10 competitors of Mitra Chem, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mangrove Lithium
Mangrove Lithium
2013, Delta (Canada), Series B
Developer of modular scalable lithium refining technology for battery‑grade production
$46.5M
64/100
2nd
Logo for Anaphite
Anaphite
2016, Bristol (United Kingdom), Series A
Developer of dry coating precursor technology for battery electrode manufacturing
$22.6M
61/100
3rd
Logo for Ascend Elements
Ascend Elements
2015, Westborough (United States), Series D
Manufacturer of engineered materials from recycled lithium-ion batteries and battery scrap
$1.1B
60/100
4th
Logo for Natron Energy
Natron Energy
2012, Santa Clara (United States), Deadpooled
Manufacturer of sodium-ion batteries for commercial and industrial power applications
$373M
56/100
5th
Logo for Nyobolt
Nyobolt
2019, Cambridge (United Kingdom), Series C
Developer of battery technology for high-power, integrated energy systems
$161M
55/100
6th
Logo for NanoOne
NanoOne
1987, Burnaby (Canada), Public
Developer of nanotech-based energy storage components
-
55/100
7th
Logo for Sylvatex
Sylvatex
2000, Alameda (United States), Series A
Developer of advanced materials for energy, industrial, and strategic applications
$8.4M
55/100
8th
Logo for ECOPRO BM
ECOPRO BM
2016, Cheongju-si (South Korea), Public
Manufacturer of cathode materials for lithium batteries
-
55/100
9th
Logo for Altris
Altris
2017, Uppsala (Sweden), Series B
Developer of sodium-ion battery technology for sustainable energy solutions
$41M
53/100
10th
Logo for Ten-Nine Technologies
Ten-Nine Technologies
2014, Tulsa (United States), Funding Raised
Developer of battery material to achieve parity with fossil fuels
-
45/100
12th
Logo for Mitra Chem
Mitra Chem
2021, Palo Alto (United States), Series B
Manufacturer of materials for energy, artificial intelligence, and defense applications
$95.6M
43/100
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Mitra Chem's Investments and acquisitions

Mitra Chem has made no investments or acquisitions yet.

Reports related to Mitra Chem

Here is the latest report on Mitra Chem's sector:

News related to Mitra Chem

lockFilter this list
•
L&f Invests 14.5 Billion Won In U.s. Lfp Leader Mitra ChemBusinesskorea•Mar 20, 2025•L&F, Mitra Chem
•
L&F decides to invest 14.5 billion won in MitrachemVenture Square•Mar 20, 2025•L&F, Mitra Chem
•
L&F Invests 14.5 Billion Won in US LFP Leader Mitra ChemKorea Newswire•Mar 20, 2025•L&F, Mitra Chem
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