GM Leads $60M Series B Financing Round In Mitra Chem
Portfolio Pulse from Benzinga Newsdesk
General Motors (GM) has led a $60 million Series B financing round in Mitra Chem, an AI and battery materials innovator. The investment is part of GM's strategy to advance its electric vehicle technology.

August 16, 2023 | 12:07 pm
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GM's investment in Mitra Chem could enhance its electric vehicle technology, potentially giving it a competitive edge in the EV market.
GM's investment in Mitra Chem, an AI and battery materials innovator, aligns with its strategy to advance its electric vehicle technology. This could potentially give GM a competitive edge in the EV market, which could positively impact its stock price in the short term.
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