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Log9 Materials scoops up over $11 Mn in fresh round

Shortpedia

Content Team
Image Credit: shortpedia

Electric vehicle-focused advanced battery platform Log9 Materials has raised over $11 million in what appears to be an extended Series B round led by PTV International Ventures. SiriusOne Capital, Cornerstone Ventures, and several others also participated in the fresh infusion. The second tranche of the Series B round follows the Rs 77 crore ($9.4 million approximately) fundraise from Amara Raja Batteries in September 2022