Log9 Materials raises $40 million in Series B funding

  • Log9 Materials, an electric vehicle-focused advanced battery platform, has raised $40 million in Series B funding.
  • The funding was a mix of equity and debt, and was led by Amara Raja Batteries and Petronas Ventures.
  • Other participants included Incred Financial Services, Unity Small Finance Bank, Oxyzo Financial Services, and Western Capital Advisors.
  • Log9 Materials is based in Bengaluru.
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