Nascent Materials emerges from stealth to make LFP batteries better and cheaper

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Startup Information

  • Startup Name: Nascent Materials
  • Founder: Chaitanya Sharma
  • Focus: Manufacturing process for lithium-ion battery cathode materials (LFP and LMFP).

Fundraising Information

  • Fundraise Amount: $2.3 million
  • Series: Seed Round
  • Lead Investor: SOSV
  • Other Investors: New Jersey Innovation Evergreen Fund, UM6P Ventures
  • Fundraising Date: November 2023

Summary

  • Overview: Nascent Materials aims to enhance the manufacturing of lithium-ion battery materials to improve energy density and reduce costs, addressing supply chain challenges and dependencies.

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2025-06-25 14:00:00