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Log 9 Materials is a technology company.
Log 9 Materials has raised $64.7M across 4 funding rounds.
Key people at Log 9 Materials.
Log 9 Materials was founded in 2014 by Akshay Singhal (CEO & Founder) and Kartik Hajela (Founder and CEO) and Pankaj Sharma (Director & Co-Founder).
Log 9 Materials has raised $64.7M in total across 4 funding rounds.
Log9 Materials develops advanced battery technology and energy storage solutions, leveraging graphene nanotechnology to enhance performance. The company specializes in creating fast-charging batteries and innovative energy storage systems, primarily targeting the electric vehicle sector and other applications requiring efficient power solutions. Its technical approach focuses on material science breakthroughs to deliver more sustainable and high-performing energy devices.
The company was founded in 2015 by Akshay Singhal, Kartik Hajela, and Pankaj Sharma. Their collaborative effort was driven by an insight into the potential of nanotechnology, particularly graphene, to revolutionize energy solutions and address critical challenges in power storage and delivery. This vision led them to establish a deep technology enterprise focused on commercializing advanced material science.
Log9 Materials serves both business-to-business and business-to-consumer markets with its diverse product offerings. The company aims to contribute significantly to a cleaner energy future by pioneering battery innovations that facilitate a transition towards sustainable power. Its long-term vision is to make global energy 100% clean and empower various industries with indigenous, high-performance energy solutions.
Key people at Log 9 Materials.
Log9 Materials is a deep-tech startup founded in 2015 as an IIT Roorkee spin-off, specializing in advanced materials like graphene and nanotechnology for energy storage solutions.[1][3][4] The company develops high-performance batteries, such as its RapidX series, that enable ultra-fast charging for electric vehicles (EVs), particularly two- and three-wheelers used in intracity and commercial applications.[2][3] These batteries address key EV challenges like range anxiety and charging time, offering up to nine times superior performance through cell-level innovations, while serving fleet operators, last-mile delivery services, and mobility partners in India.[2][3] Growth momentum includes Series A+ funding of $10M led by Amara Raja in 2021, establishment of India's first Li-ion cell manufacturing and research facilities in 2022, and partnerships with Omega Seiki, Hero Electric, and Quantum Motors for commercial launches.[3]
Log9 Materials emerged in 2015 from IIT Roorkee, initially focusing on graphene production and applications like purification systems, energy storage, and quantum dot LEDs.[1] Founders Kartik Hajela (CEO) and Pankaj Sharma (Director & Co-Founder) leveraged their expertise in nanotechnology to pivot toward scalable energy solutions.[5] The idea stemmed from advanced materials research, evolving into graphene-enhanced batteries to tackle EV limitations in tropical climates.[2][3] Early traction included rapid-charge tech development by 2020, first trials for two-wheelers, and pivotal 2021 milestones like launching India's fastest-charging three-wheeler (Rage+ with Omega Seiki), partnering with Hero Electric for RapidX 2000 batteries, and securing $10M funding.[3]
Log9 Materials rides the global EV adoption wave, particularly in India's booming two- and three-wheeler electrification for urban mobility and logistics, fueled by government incentives and climate goals.[2][3] Timing aligns with rising demand for fast-charging tech amid lithium supply constraints and tropical heat challenges that degrade standard batteries—Log9's graphene solutions excel here.[1][2] Market forces like falling battery costs and last-mile delivery surges (e.g., e-commerce growth) favor its scalable, high-density cells.[3] The company influences India's ecosystem by pioneering local Li-ion manufacturing, reducing import reliance, and enabling "Responsible Delivery Movements" with partners, accelerating clean mobility in emerging markets.[3]
Log9 Materials is poised to dominate fast-charging EV batteries in tropical regions, targeting its 2030 vision as the trusted brand in clean mobility.[3] Next steps include expanding manufacturing, deepening OEM partnerships, and leveraging 2025 patents in carbon electrodes and metal-air cells for next-gen supercaps and fuel cells.[5] Trends like AI-optimized EVs, denser urban logistics, and global south electrification will propel growth, potentially evolving Log9 into a full-stack energy storage leader—building on its graphene roots to power a battery revolution that started in an IIT lab.[1][2][5]
Log 9 Materials was founded in 2014 by Akshay Singhal (CEO & Founder) and Kartik Hajela (Founder and CEO) and Pankaj Sharma (Director & Co-Founder).
Log 9 Materials has raised $64.7M in total across 4 funding rounds.
Log 9 Materials's investors include Vikramadithya Gourineni, Arni Anwarrudin, InCred Finance, Oxyzo Financial Services, Unity SFB, Western Capital Advisors, Amara Raja Batteries, Chanakya Hridaya, Desikan Sundararajan, Faiz Mayalakkara, FCA, Rajesh Ramaiah, Rajesh Yabaji.
Log 9 Materials has raised $64.7M across 4 funding rounds. Most recently, it raised $40.0M Series B in January 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 7, 2022 | TSAW | $320K Seed | — | Chandigarh Angels Network, Log9 Materials, PedalStart, POD World, Qubit Capital, We Founder Circle, Zypp Electric |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 23, 2023 | $40.0M Series B | Vikramadithya Gourineni, Arni Anwarrudin | InCred Finance, Oxyzo Financial Services, Unity SFB, Western Capital Advisors |
| Sep 16, 2022 | $9.7M Series B | Amara Raja Batteries | |
| Oct 8, 2021 | $10.0M Series A | Vikramadithya Gourineni | Chanakya Hridaya, Desikan Sundararajan, Faiz Mayalakkara, FCA, Rajesh Ramaiah, Rajesh Yabaji, Chinnu Senthilkumar, Peak XV Partners (Sequoia Capital India), Arni Anwarrudin |
| Aug 1, 2021 | $5.0M Series A | 500 Global, Archetype, Basis Set Ventures, Citi Ventures, Contour Venture Partners, Redpoint Ventures, Trajectory Ventures, Valar Ventures, Winklevoss Capital, Work-Bench, Arash Ferdowsi, Balaji Srinivasan, Nitay Joffe, Roger Ehrenberg |