Deeptech battery startup Log9 Materials raises $40M 

Deeptech battery startup Log9 Materials raises $40M - Check out in Detail

Deeptech battery startup Log9 Materials has raised $40 million in co-operation with Amar Raja Batteries

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The startup plans to use the raised capital to expand its battery manufacturing capabilities to a 2 GWh capacity by 2024

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It also plans to invest over Rs 100 crore towards advancements in cell and battery technology stacks.

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Log9 is an indigenous deeptech and advanced battery-tech startup that offers fast-charging batteries

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Akshay Singhal who is part of this funding thinks that investing in these types of deals will provide more opportunities in EV Categories

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