Advanced battery-tech and deeptech startup Log 9 Materials has announced an equity partnership and collaboration with Amara Raja Batteries (ARBL), a battery technology leader. Log 9 Materials has raised $5 million from Amara Raja Batteries as part of its ongoing Series A+ funding round. In this funding round, the startup has raised $8.5 million in total.

The funding round also saw participation from existing investors, including Exfinity Ventures and Sequoia Capital India’s Surge Programme, alongside a clutch of new investors.

Some strategic angels who also participated in this funding round are Rajesh Yabaji and Chanakya Hridaya (Co-founders of Blackbuck), Rajesh Ramaiah (Partner at Premji Invest), Desikan Sundarajan (MD at Equinor), and Faiz Mayalakkara (Director Investments at Emirates Investment Authority). AC Ventures (SEA Frontier Fund LLP) is also among the new investors of the battery-tech startup. 

[Read: Factors Driving The Growth Of Indian Electric Vehicle Industry In 2021]

Bengaluru-headquartered Log 9 Materials is on a mission to make global energy 100% clean. With 16 patents around Graphene, Log 9 Materials has developed aluminium fuel cells for both mobility and stationary energy applications. 

Speaking on the development, Akshay Singhal, Founder and CEO of Log 9 Materials, said,

“The partnership with ARBL will enable us to propel commercialisation at scale of our Rapid Charging Batteries, which in turn shall play a major role in the future in Log 9 eventually becoming the frontrunner and one of the largest Indian players in advanced cell chemistries. “

Akshay added that the startup is looking to take its breakthrough rapid charging battery-tech to end-users at scale in the coming months. Additionally, the development and advancements of its Aluminum Fuel Cells will also continue to happen in parallel.

The investment by ARBL in the startup is part of its ‘Energy and Mobility’ strategy announced in June this year, which focuses on entering into new green technologies and solutions.

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