Log 9 adds Rs 3 crore to its kitty

AHMEDABAD: Nanotech startup Log 9 Materials has secured a Pre-series-A funding of around Rs 3 crore from Metaform Ventures, Hemant Luthra, chairman of Mahindra CIE, GEMS and other angel investors. This is a continuation of Log 9’s Pre-series-A funding received from GEMS Advisory in 2017.

“Significant amount of funds will be utilised in scaling-up production of products and in developing new ones,” said Akshay V Singhal, founder, Log 9 Materials. Log 9 focuses on Graphene Nanotechnology and develops end-user commercial applications of Graphene.