Thread by @VivasVK7

1/ Mitra Chem has raised a $20 Million Series A. @chamath and Will Drewery (@Astra VP) have joined our Board of Directors. Ever since I started my #battery materials journey at @Tesla, 5 questions plagued me:

wsj.com/articles/chama…

2/ Why couldn't we differentiate #chemistry by the intended use case's unique application requirements?

Why use the same chemistry across sports cars,
mass market cars, and pick-up trucks?

3/ Why does an atom of #lithium effectively travel around the world twice before it makes it into a vehicle?

Why wasn't the battery #supplychain being built right alongside the battery factory itself?

What more can we do with iron-based cathode chemistries?

4/ 13 months ago, I met @chamath as he was getting into #batteries and he saw many of those same problems in the industry

https://twitter.com/SahilBloom/status/1311778950171914240

5/ At this point, the lack of investment in a
North American battery supply chain and in new product innovation in cathodes had only gotten worse

6/ In one of our earliest conversations, Chamath asked me, "What company are you going to build to solve this problem? I'd like to build it with you." We were off to the races!

7/ Fast forward to today, and we are building a
North American iron-based #cathode product company that uses an in-house #machinelearning advantage to reduce the battery materials innovation timeline by 10x

8/ We're thankful for the support of our numerous investors in this round, including @socialcapital (especially @chamath and @superjz) @EarthshotVC, @Fontinalis_FP, Integrated Energy Materials (materials.energy), Taiwanese industrialist Richard Tsai, and 40+ angels

9/ If you are interested in building a new battery supply chain industry in North America, join us at our lab in Mountain View, CA: mitrachem.com/careers/

10/ and, check out @chamath’s one-pager on his investment thesis here

https://twitter.com/chamath/status/1460281629222391812?s=20