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Nascent Materials develops lithium-ion battery cathode materials, including LFP and LMFP.
Founded in 2023, Nascent Materials develops and manufactures lithium iron phosphate and lithium manganese iron phosphate cathode materials for electric vehicles, grid storage and industrial uses. The company is based in Newark, US, and raised USD 2.3 mn in Seed funding in July 2025, led by SOSV, with the New Jersey Economic Development Authority and UM6P Ventures. The funding supports production scale-up and domestic supply chain development.
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