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The funding will help the company develop, deploy, and commercialize its technology.
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  • Tag: GM
Battery Materials Manufacturer Mitra Chem Raises $40 Million

Battery Materials Manufacturer Mitra Chem Raises $40 Million

  • August 18, 2023
  • Arjun Pradeep
  • Storage

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

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Stem Acquires Solar Monitoring Software Assets from raicoon

GM Acquires Battery Software Startup ALGOLiON

  • July 04, 2023
  • Sohini Aich
  • Storage

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

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Energy Storage Developer Field Energy Secures $257 Million from DIF Capital Partners

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

  • April 17, 2023
  • Arjun Pradeep
  • Storage

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

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