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Akshay Singhal has made 6 investments.
Date | Company | Sector | Round | Investments | Co-Investors |
---|---|---|---|---|---|
2024-03-05 | Seed Round - SWIZZLE | - | Sri Harsha Thota, Deepak Gambhir, Akshay Singhal,etc | ||
2022-08-24 | Seed Round - Loopworm | $ 3.4 M | Omnivore, WaterBridge Ventures,Biotechnology Industry Research Assistance Council(BIRAC),etc | ||
2022-07-18 | Seed Round - SWIZZLE | - | Deepak Gambhir, Akshay Singhal, Monika Rao,etc | ||
2022-07-05 | Seed Round - Climes | $ 1.2 M | Satyen V Kothari, Arjun P Gupta, Nithin Kamath, Anshuman Bapna,etc | ||
2022-06-30 | Pre Seed Round - Metastable Materials | - | Surge, Akshay Singhal, Kartik Hajela, etc | ||
2022-01-12 | Pre Seed Round - Praan | $ 1.9 M | Social Impact Capital |
Who is Akshay Singhal?
Akshay Singhal is the CEO and co-founder of Log 9 Materials, an Indian startup focused on developing innovative storage technologies. He is particularly known for pioneeringaluminium fuel cells and fast-charging battery technologyfor electric vehicles (EVs)
What is Log 9 Materials' mission?
Log 9 Materials aims totransform the energy storage and electric vehicle ecosystemby providingsustainable, high-performance energy solutions. Their technologies, such as theRapidX fast-charging batteryandaluminium fuel cells, are designed to address thelimitationsof traditional battery systems, such as slow charging times and environmental impact
What is the significance of Log 9’s RapidX technology?
The RapidX technology enables extremely fast charging of batteries, reducing charging times for electric vehicles. The2-wheeler batteries can be fully charged in just 15 minutes, and the 3-wheelers in 40 minutes. This addresses a significant challenge in the EV market, where charging time is a critical factor for adoption
How is Akshay Singhal innovating in India’s EV sector?
Akshay Singhal’s focus is on indigenousizing the production of high-power lithium cells and introducing the aluminium fuel cellto the Indian market. His vision is to make India a hub forelectric mobility, reducing reliance on foreign imports and creating a more sustainable and cost-effective ecosystem for electric vehicles
What is Log9's valuation?
Log9 Materials was valued at Rs 1,700 crore (or $213 million) in its 2024 funding round.
Who are Log9's investors?
Major investors include Amara Raja Batteries, Exide Industries, and Sequoia Capital India.