Advanced battery-tech startup Log 9 Materials said it raised $2 million (around Rs 14 crore) in a funding round from Malaysia-based global energy and solutions company Petronas' venture capital arm Petronas Ventures.
In August, the platform had raised $8.5 million (Rs 63 crore) in a Series A+ round led by Amara Raja Batteries. With the fresh capital raise, Log 9 Materials said it has concluded its Series A+ round of $10 million, where investors, including Exfinity Ventures, Sequoia Capital India's Surge Programme, and a clutch of strategic angel investors, also participated.
