New Enterprise Associates led a $60m Series B round in Mitra Future Technologies.

New Enterprise Associates, an American venture capital firm, led a $60m Series B round in Mitra Future Technologies, a Silicon Valley-based company that specializes in developing and commercializing iron-based cathode materials, with participation from GM Ventures, Wave Capital, Social Capital, Fontinalis Partners, Earthshot Ventures, and Bidra Innovation Ventures. .