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New Dominion Enterprises

Your Readiness and Investment Documents

Summary Report

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Frictionless Investor Matches

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Other Investor Matches

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Frictionless Intelligence Funding Report

Company Overview

New Dominion Enterprises (NDE) develops and commercializes Phospholyte®, an inorganic liquid electrolyte that replaces part of the organic components in conventional lithium-ion batteries.

The solution enables safer, more durable, higher-density, and domestically manufactured batteries.

Industry

CleanTech / Battery Materials / Renewable Energy Storage

Stage

Bridge to Series A

Funding Ask

$5.1M convertible note at $50M valuation (20% discount)

Value Proposition

Phospholyte® provides self-extinguishing, non-toxic, recyclable, and temperature-stable electrolyte technology—addressing both performance and supply chain independence for U.S.-based manufacturers.

Competitive Set

Cuberg, BASF, SLAC, SES, South8 Technologies, Inolith (all focused on liquid/fluorinated or gas-based electrolytes).

Key Strengths

Validated safety & performance, government contract relationships, high energy density, and domestic manufacturing advantage..

Challenge

Capital-intensive scale-up; precursor chemical still partially sourced abroad.

Geography

Headquartered in San Antonio, TX – expanding into national and defense industrial networks.

Market Context

  • US & EU electrolyte TAM projected at $40B+ by 2034, with ~$1.4B obtainable SAM.

  • Strategic early adopters include Navitas, NanoGraf, ForgeNano, and Orbia.

  • Funded under Defense Logistics Agency supply-chain grants for domestic production.

Readiness Assessment Score

76%

Insights

Category

Impact

Score

Established IP portfolio, Delaware corporation, prior institutional funding..

Foundational Setup

Medium

85%

Senior leadership with deep chemistry, manufacturing, and military experience.

Team Readiness

High

80%

Clear plan with valuation logic; still early on revenue-linked valuation support.

Funding Strategy

High

70%

Manufacturing cost projections solid, needs recurring revenue visibility.

Financial Health

High

68%

Validated safety and thermal results; partners testing at scale.

Product Readiness

Very High

88%

Mature R&D, prototype proven, commercial pilot underway.

Tech Maturity

High

84%

Strong B2B traction with OEMs but needs structured licensing/sales ops.

Go-To-Market Alignment

Medium

65%

Deep technical messaging; simplify narrative for strategic investors.

Storytelling & Investor Communication

Medium

70%

Frictionless Recommendations

Readiness Improvement Priorities

Action

Area

Impact

Develop 3-year recurring revenue forecast tied to customer type (OEM, defense, commercial).

Financial Clarity

Boosts Series A credibility

Continue performance benchmarking through 3rd-party labs (DOE / DoD).

Validation Dataset

Strengthens commercial proof.

Formalize long-term supply agreements with domestic manufacturers.

Strategic Partners

Boosts investor confidence

Accelerate patent filings for HCP precursor and blend formulas..

Investor Narrative

Protects valuation multipliers

Reframe pitch emphasizing energy security + ESG impact..

Legal/IP Strategy

Increases strategic LP interest.

Frictionless Insights

  • Readiness gap lies in commercial scaling, not technology.

  • Early defense contracts could de-risk private funding by >20%.

  • Simplifying technical language for investors could raise match percentile by +10–12%.

  • A structured off take MOU with a U.S. gigafactory would double perceived valuation.

Frictionless Investor Network Matches

Profile & Investment Focus

#

Investor/Fund

Tech/agnostic operator–investor with M&A experience and extensive Texas startup network.

1

Luis Martinez – Capital Factory

Match %

71%

  • Website: www.capitalfactory.com

    Focus: AI, automation, defense-linked tech in Texas.

    Check Size: $50K – $100K

    Investment Philosophy: Backs operators who execute quickly with focus and data discipline.

    Notable Portfolio: Capital Factory accelerator alumni (hardware + SaaS)

    Startup Match Summary

    Stage: Bridge → Strong

    Sector: Energy / DeepTech → Excellent

    Geography: Texas → Ideal

    Ticket Size Alignment: Within range

    Strategic Leverage: Access to Texas manufacturing accelerators and corporate venture arms.

    Why Luis Martinez

    • Capital Factory actively scouts Texas-based deeptech with federal contracting potential; NDE’s defense-backed R&D fits perfectly.


    Suggested Narrative for Intro Email

    “New Dominion strengthens U.S. energy resilience through scalable, Texas-made innovation—well suited for Capital Factory’s industrial network.”

Deep-tech / AI / robotics fund active in San Antonio and Texas innovation hubs.

2

Mike Troy – Geekdom Fund

69%

  • Website: www.geekdomfund.com

    Focus: SaaS, AI, and early-stage FinTech, Defense startups

    Check Size: $250K – $500K

    Investment Philosophy: Backs technical founders tackling large global problems.

    Notable Portfolio: AI and robotics seed companies in San Antonio

    Startup Match Summary

    Stage: Bridge → Acceptable

    Sector: AI / Advanced Manufacturing → Strong

    Geography:  San Antonio / Texas / U.S. national syndicates

    Ticket Size Alignment: Within range

    Strategic Leverage: Deep VC network for follow-on funding and analytics benchmarking.

    Why Mike Troy

    • Geekdom Fund is expanding into industrial AI; NDE’s manufacturing analytics align with their data-intensive approach.

    Suggested Narrative for Intro Email

    New Dominion’s validated electrolyte pipeline can evolve into a digital materials data ecosystem—bridging Geekdom’s software focus with energy innovation.”

Early-stage software + deep-tech investor supporting lean, high-impact founders.

3

Mariano Gonzalez – MGV Capital

67%

  • Website: www.mgvcapital.com

    Focus: Automation, AI, data infrastructure, and sustainable process innovation.

    Check Size: $25K – $50K

    Investment Philosophy: Lean validation before scale

    Notable Portfolio: Emerging AI/ML companies in LatAm and Texas

    Startup Match Summary

    Stage: Bridge → Good

    Sector: Energy / Automation → Strong

    Geography: Texas → Ideal

    Ticket Size Alignment: Within range

    Strategic Technical advisory on AI-enabled manufacturing and process automation.

    Why Mariano Gonzalez

    • He can help translate NDE’s chemical process into a scalable automation framework for pilot plants.

    Suggested Narrative for Intro Email

    NDE embodies the fusion of automation and materials science—aligning with MGV’s vision of data-driven industrial efficiency

Ecosystem connector and angel investor strengthening San Antonio’s tech community.

4

Will Conway – Tech Bloc

58%

  • Website: www.satechbloc.com

    Focus: Local tech ecosystem growth

    Check Size: $25K – $50K

    Investment Philosophy: Invest in community and founders driving regional innovation.

    Notable Portfolio: San Antonio early-stage companies

    Startup Match Summary

    Stage:  Bridge → Acceptable

    Sector: CleanTech / Manufacturing → Moderate

    Geography: San Antonio → Perfect

    Ticket Size Alignment: Small Ticket Investor Good for Syndicate

    Strategic Leverage: Community media support and regional visibility.

    Why Will Conway

    • Will can help position NDE as San Antonio’s flagship industrial success story..

    Suggested Narrative for Intro Email

    “Tech Bloc’s endorsement would amplify NDE’s profile as a local deep-tech manufacturer driving regional innovation.

Hardware / IoT entrepreneur with experience in smart-city and government-tech pilots.

5

Beto Altamirano – Irys

63%

  • Website: www.irysinsights.com

    Focus: ESG, GovTech, impact and civic innovation.

    Check Size: <$25K

    Investment Philosophy: Supports founders building real-world impact products.

    Notable Portfolio: Civic and IoT startups in Texas

    Startup Match Summary

    Stage:  Bridge → Acceptable

    Sector: Sustainability / Energy Resilience → Good

    Geography: Texas → Excellent

    Ticket Size Alignment: Smaller Ticket Investor

    Strategic Leverage: Visibility and partnership building with public-sector or ESG groups.

    Why Beto Altamirano

    • The ESG story and energy-independence message fit Irys’s impact ethos.

    Suggested Narrative for Intro Email

    New Dominion’s safe battery chemistry directly advances the energy-security goals Beto champions in civic innovation.

Cross-industry angel (AI, PropTech, FinTech, Cleantech, Marketplace)..

6

Alfonso (Poncho) Garcia – 365 Retail / Tech Bloc

74%

  • Focus: AI, Energy, Marketplace, CleanTech, and cross-industry innovation.

    Check Size: <$25K

    Investment Philosophy: Back ventures improving daily life through innovation.

    Notable Portfolio: Health and retail platform startups

    Startup Match Summary

    Stage: Bridge → Excellent

    Sector: CleanTech / Energy / Materials → Excellent

    Geography: Texas → Ideal

    Ticket Size Alignment: Within range (micro-angel, ideal for syndicate entry)

    Strategic Leverage: Retail supply chain and investor network in Tech Bloc / 365 ecosystem.

    Why Alfonso Garcia

    • Sees clear alignment between scalable green energy technologies and cross-sector growth cycles..

    Suggested Narrative for Intro Email

    New Dominion’s nonflammable electrolyte creates sustainable, domestic energy independence—precisely the clean industrial story Alfonso supports.

Other Investor Matches

For additional information on these investors, contact the Frictionless team

63%

Profile & Investment Focus

#

Investor/Fund

Climate tech fund founded by Gates; invests in scalable, deep decarbonization tech.

1

Breakthrough Energy Ventures

Match %

76%

Corporate VC for sustainable energy & grid modernization.

2

Energy Impact Partners (EIP)

74%

Early-stage climate and advanced materials fund.

3

Lowercarbon Capital

72%

Invests in deep science ventures with measurable data layers.

4

DCVC (Data Collective)

70%

Focus on early-stage sustainable technologies and circular economy.

5

Congruent Ventures

68%

Hardtech fund backing material science innovations.

6

The Engine (MIT)

Mission-driven science fund investing in sustainability breakthroughs.

7

Fifty Years VC

67%

Energy + industrial tech VC.

8

Prime Impact Fund

65%

Focused on first-of-a-kind climate tech innovations pre-scale.

9

Blue Bear Capital

61%

ClimateTech accelerator with equity co-investment.

10

Elemental Excelerator

60%

Frictionless Services for New Dominion Enterprises

Based on your assessment, we've identified key areas where Frictionless can accelerate your path to funding.

Frictionless Formation

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Frictionless Business Plan

Navigate the Path to Financial Backing with Ease.

Frictionless Business Plan empowers you to define your funding needs, understand investment instruments, and target investors aligned with your goals. We guide you in structuring your cap table efficiently and clearly, ensuring you can articulate your business's value proposition to potential investors.

Frictionless Pitch

Craft Compelling Presentations with Confidence.

Frictionless Pitch equips you with the tools to understand pitch structures, master key content elements, and leverage psychological techniques for impactful presentations. We guide you in delivering pitches that resonate with investors, making a lasting impression and driving interest in your venture.

Frictionless Go-To-Market

Navigate the Market Landscape with Precision.

Frictionless GTM empowers you to understand your target market, convert insights into revenue projections, and craft comprehensive go-to-market strategies. We guide you in identifying market opportunities and positioning your product or service effectively, ensuring you can capture market share and drive growth.

Frictionless Product

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Frictionless Product empowers you to design products that resonate with your target audience by leveraging our UI/UX mentors expertise. We guide you in mapping consumer journeys, refining product features, and developing tailored roadmaps to achieve your business goals.

Frictionless Tech

Optimize Efficiency, Scalability, and Cost Management.

Our comprehensive suite of services empowers you to choose the right tech stack, design scalable architectures, and ensure cost-effective data management. Frictionless Tech enables you to build robust infrastructures that support your business goals and adapt to evolving technological needs.

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