About Mitra Chem
Mitra Chem is a company based in Palo Alto (United States) founded in 2021 by William Chueh, Vivas Kumar, and Chirranjeevi Gopal.. Mitra Chem has raised $95.6 million across 4 funding rounds from investors including Social Capital, General Motors and TechMet. The company has 11 employees as of December 31, 2021. Mitra Chem offers products and services including Iron-based Cathodes. Mitra Chem operates in a competitive market with competitors including Ascend Elements, NanoOne, Mangrove Lithium, Sylvatex and ECOPRO BM, among others.
- Headquarter Palo Alto, United States
- Employees 11 as on 31 Dec, 2021
- Founders William Chueh, Vivas Kumar, Chirranjeevi Gopal
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mitra Future Technologies Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$95.6 M (USD)
in 4 rounds
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Latest Funding Round
$15.6 M (USD), Series B
May 23, 2025
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Investors
Social Capital
& 15 more
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Employee Count
11
as on Dec 31, 2021
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Products & Services of Mitra Chem
Mitra Chem offers a comprehensive portfolio of products and services, including Iron-based Cathodes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Develops materials for safer, cost-effective batteries in electrification.
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Funding Insights of Mitra Chem
Mitra Chem has successfully raised a total of $95.6M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15.6 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $15.6M
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First Round
First Round
(15 Nov 2021)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Mitra Chem | Valuation |
investors |
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| May, 2024 | Amount | Series B - Mitra Chem | Valuation |
investors |
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| Jul, 2023 | Amount | Series B - Mitra Chem | Valuation | General Motors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mitra Chem
Mitra Chem has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Social Capital, General Motors and TechMet. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on growth-stage companies
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Founded Year | Domain | Location | |
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US focused VC firm investing in seed & growth stage companies
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Founded Year | Domain | Location | |
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Tech focused Stage-Agnostic VC Firm investing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mitra Chem
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mitra Chem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mitra Chem Comparisons
Competitors of Mitra Chem
Mitra Chem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ascend Elements, NanoOne, Mangrove Lithium, Sylvatex and ECOPRO BM, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lithium-ion battery materials are manufactured from reclaimed battery elements.
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| domain | founded_year | HQ Location |
Nanotech-based cathode materials for lithium batteries are developed.
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| domain | founded_year | HQ Location |
Modular scalable lithium refining technology is developed for battery-grade production.
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| domain | founded_year | HQ Location |
Climate-friendly lithium-ion battery manufacturing technology is provided by Sylvatex.
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| domain | founded_year | HQ Location |
Manufacturer of cathode materials for lithium batteries
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mitra Chem
Frequently Asked Questions about Mitra Chem
When was Mitra Chem founded?
Mitra Chem was founded in 2021.
Where is Mitra Chem located?
Mitra Chem is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Mitra Chem?
Vivas Kumar is the current CEO of Mitra Chem. They have also founded this company.
Is Mitra Chem a funded company?
Mitra Chem is a funded company, having raised a total of $95.6M across 4 funding rounds to date. The company's 1st funding round was a Series B of $60M, raised on Nov 15, 2021.
How many employees does Mitra Chem have?
As of Dec 31, 2021, the latest employee count at Mitra Chem is 11.
What does Mitra Chem do?
Mitra Chem was founded in 2021 and is headquartered in Palo Alto, United States. Operations focus on the production of lithium-ion battery materials, with specialization in iron-based cathodes. These materials support electrification efforts in transportation and energy storage sectors. The company is led by co-founders including Vivas Kumar as CEO and Chirranjeevi Gopal as CTO.
Who are the top competitors of Mitra Chem?
Mitra Chem's top competitors include Ascend Elements, Mangrove Lithium and NanoOne.
What products or services does Mitra Chem offer?
Mitra Chem offers Iron-based Cathodes.
Who are Mitra Chem's investors?
Mitra Chem has 16 investors. Key investors include Social Capital, General Motors, TechMet, Alpha Wave Global, and Fontinalis Partners.