Philippine Startup Takes on the Battery Challenge

A Philippine startup, Nascent Technologies, is making waves in the energy storage sector, focusing on developing rechargeable high-energy density batteries. The company, founded in 2022, has faced challenges in securing funding due to the perceived ‘technology risk’ associated with their ambitious project. However, Nascent has secured support from investors like Jose Ma. Lim and Federico Lopez, who see the company’s potential to contribute to the Philippines’ energy transition goals. The startup is currently developing a prototype sodium-ion coin cell battery, aiming to unveil it by the end of the year. This innovation could play a crucial role in providing backup power in areas experiencing frequent power outages and contribute to the country’s move towards a more sustainable energy future.