• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, July 9, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Nanotech Start-Up Log 9 Materials raises ₹3 crore in Pre Series-A Funding from Multiple Investors

by Apoorv Anupam
July 23, 2018
in News
Reading Time: 2 mins read
0
Log 9 Materials
TwitterWhatsappLinkedin

Log 9 Materials

You might also like

New Academic Studies Allege Uber’s Opaque Algorithm Systematically Boosts Profits at Expense of Drivers and Passengers

CoreWeave’s Game-Changing $9 Billion Acquisition of Core Scientific

Capgemini Announces its Intention to Acquire WNS (Holdings) Limited

23 July 2018, India:

Bengaluru based nanotechnology start-up Log 9 Materials has raised about ₹3 crore in Pre-Series A round of funding.

Metaform Ventures, Mr. Hemant Luthra, Chairman, Mahindra CIE, GEMS and other angel investors participated in the funding round. This is a continuation of Log 9’s Pre Series-A funding received from GEMS Advisory earlier in 2017.

The startup will use the fresh capital to strengthen its commercial operations and patented product portfolio, as well as boosting R&D activities extensively.

“Being a nanotechnology company working on a wide area of applications, Log 9 has an array of projects under its umbrella, ranging from air filtration products, water filter beds, oil spill management to next generation batteries for Electric Vehicles; our projects are currently in the development or the commercialization phase.  The significant amount of funds raised through the recent Pre-Series A round will be utilized in scaling up production of already commercialized products and in developing new-ones via evidence-based scientific research,” said Mr. Akshay V Singhal, Founder, Log 9 Materials.

Mr. Singhal added, “For us, the last year has been a year of experimentation for perfection. For the past 8 months or so we have been in developing the prototype of a product based on metal-air battery concept into viable technology, which will provide a clean and effective solution in terms of energy generation for Electric Vehicles. This will make EVs more viable by providing a driving range of more than 1000 kms and quick recharging time.  We are also looking forward to create a disruption in the oil spill industry by our grapheme-based products which are upto 5 times more effective than current technologies available. The long-term goal is to augment research capabilities so as to invent breakthrough technologies and products in this domain which will act as a boon for the sustainable future of mankind.”

While the earlier investment received by Log 9 was utilized in developing lab scale ideas into cost effective, commercial products such as Log 9 Oil Sorbent Range, and in exploring usable cases of various materials of the Graphene family in the areas of air, water, and oil purification; the fresh capital will help the start-up in narrowing down its approach from a plethora of Graphene-based applications to the domains of filtration and energy where the company wants to be focused, the company said in a statement.

Log 9 Materials is a IIT Roorkee spin-off working in the nanotechnology domain. It focuses on Graphene Nanotechnology, with an aim to innovate and develop end user commercial applications of the wonder material ‘Graphene’. It functions as a bridge between the market and the research community providing mankind the access to life changing products.

(Image – Log 9 Materials)

Tags: fundingGEMSInvestmentLog 9 Materialsnanotechstartup
Tweet54SendShare15
Previous Post

DARPA Is Hosting an Olympics for Tiny Robots

Next Post

Russia can Send Androids Into Space As Part Of ISS Crew

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

New Academic Studies Allege Uber’s Opaque Algorithm Systematically Boosts Profits at Expense of Drivers and Passengers

by Anochie Esther
July 9, 2025
0
Uber

Uber, the global ride-hailing giant, is once again facing intense scrutiny over its pricing practices. Two independent academic studies, one from the prestigious Columbia Business School in the...

Read more

CoreWeave’s Game-Changing $9 Billion Acquisition of Core Scientific

by Anochie Esther
July 9, 2025
0
CoreWeave

In a landmark deal signaling a significant shift in the competitive landscape of AI infrastructure, CoreWeave, a leading AI hyperscaler, has announced its intent to acquire Core Scientific,...

Read more

Capgemini Announces its Intention to Acquire WNS (Holdings) Limited

by Anochie Esther
July 9, 2025
0
Capgemini

In a significant move set to reshape the digital services sector, global IT giant Capgemini has announced its intention to acquire WNS (Holdings) Limited, a leading digital-led business...

Read more
Next Post
Russia can Send Androids Into Space As Part Of ISS Crew

Russia can Send Androids Into Space As Part Of ISS Crew

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?