Mountain View, CA – According to filings with the U.S. Securities and Exchange Commission, Mitra Chem is raising $12,999,986.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Vivaswath Kumar played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Mitra Chem
Mitra Chem is the first lithium-ion battery materials product company focused on shortening the lab-to-production timeline by over 90%, addressing the largest barrier to innovation: R&D and scale-up speed. Mitra Chems first core product is iron-based cathodes for the Western mass-market EV industry. Backed by Social Capital, Fontinalis Partners, Integrated Energy Materials, Earthshot Ventures, WTT (family office of Taiwanese industrialist Richard Tsai), and 40+ angels.

To learn more about Mitra Chem, visit http://mitrachem.com/

Contact:
Vivaswath Kumar, Chief Executive Officer
650-695-1245
https://www.linkedin.com/in/vivaswathkumar/

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