<ul data-eligibleForWebStory="true"><li>Chaitanya Sharma, founder of Nascent Materials, has developed a new process to enhance cathode materials for lithium-ion batteries to reduce costs and improve energy density.</li><li>Nascent recently raised $2.3 million in a seed round led by SOSV, with a focus on making LFP and LMFP cathode materials for automakers and data center operators.</li><li>The startup aims to address supply chain challenges by providing consistent and high-quality cathode materials to all customers, utilizing a process that improves energy density and uses lower-purity raw materials.</li><li>Nascent plans to expand to other battery chemistries beyond LFP and LMFP, aiming to reduce industry dependency on Chinese supplies by utilizing local raw materials to drive down costs.</li></ul>

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

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