Nascent Materials completed $2.3 million Seed Round funding
Sector:
Materials
Cleantech
Nascent Materials
completed $2.3 million Seed Round funding. Investors include
SOSV (lead), New Jersey Innovation Evergreen Fund, UM6P Ventures.
"Having previously built two gigafactories in the U.S., I've seen firsthand how critical reliable, high-quality cathode materials are to cell manufacturing," said Chaitanya Sharma, Founder and CEO of Nascent Materials. "Nascent is solving a key bottleneck in U.S. electrification by building a domestically rooted alternative to China's battery supply chain, with a focus on scalable, cost-efficient, and sustainable manufacturing."
About
Nascent Materials, Inc. develops advanced manufacturing technologies to produce cost-effective, high-performance cathode materials for lithium-ion batteries. Headquartered in Newark, NJ and backed by top-tier investors, the company's mission is to strengthen the U.S. battery supply chain through breakthrough innovation in materials science.
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