<ul data-eligibleForWebStory="false"><li>Nascent Materials, a startup focusing on lithium-ion cathode manufacturing, secures $2.3 million in seed funding led by SOSV.</li><li>The company aims to revolutionize cathode production by utilizing a proprietary method that eliminates precursor cathode active material, reducing costs and energy consumption.</li><li>Nascent Materials is currently setting up a bench-scale manufacturing line for producing cathode materials and has begun sending samples to potential U.S.-based customers.</li><li>The company's CEO emphasizes the importance of reliable cathode materials for U.S. cell manufacturing and aims to establish a domestic supply chain alternative to China.</li></ul>

Nascent Materials raises $2.3 million to advance US-based EV battery cathode production

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