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Battery Materials Manufacturer Mitra Chem Raises $40 Million

Mitra Future Technologies (Mitra Chem), a lithium-ion battery materials manufacturer, completed a $40 million first close of a $60 million Series B funding round which...

August 18, 2023

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Arjun Pradeep

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GM Acquires Battery Software Startup ALGOLiON

General Motors announced the acquisition of ALGOLiON, a company specializing in battery software for electric vehicles (EVs). The financial terms were not disclosed. The...

July 4, 2023

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Sohini Aich

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EnergyX Receives $50 Million to Boost Lithium Supply for EV Batteries

General Motors said its venture capital arm GM Ventures, would lead a $50 million Series B financing round for EnergyX, a Texas-based startup developing a more efficient...

April 17, 2023

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Arjun Pradeep

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