About Material On
Material On specializes in new material and new energy businesses. The main products include nanomaterials such as selenide and biocarbon; energy storage devices such as hybrid supercapacitors and lithium-sulfur batteries; super filter capacitors.
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Expert Collections containing Material On
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Material On is included in 2 Expert Collections, including Advanced Materials.
Startups developing new or improved materials (chemicals, alloys, etc.) that provide physical or functional advantages to basic materials.
This collection includes large and small energy storage technology, from grid-scale molten salt containers to small, thin-film lithium-ion batteries.
Latest Material On News
Jan 23, 2023
This partnership will further enhance PETRONAS expansion in the new energy and green mobility sectors. Log9 is also backed by CBC Japan, Grip Invest Advisors Private Ltd., Cornerstone Venture Partners, LO Funds, Oxy Capital and other leading angel investors. PTI | New Delhi | Updated: 23-01-2023 12:14 IST | Created: 23-01-2023 12:08 IST Country: SHARE Advanced technology battery start-up Log9 Material on Monday said it has raised USD 40 million (nearly Rs 325 crore) in Series B funding led by Amara Raja Batteries Ltd and Petronas Ventures. The round was also participated by other investors, including Incred Financial Services, Unity Small Finance Bank, Oxyzo Financial Services and Western Capital Advisors. ''The recent round of investments will allow us to grow our battery manufacturing capabilities to a 2 GWH capacity by the end of 2024,'' Log9 Material Founder and CEO Akshay Singhal said in a statement. He further said it will also help the company to commission its first fully integrated Lithium Ion Cell production line. ''Furthermore, over Rs 100 crore will be invested towards advancements in cell and battery technology stacks,'' Singhal added. Log9 said it also plans to invest a part of the raised funds into ''budding start-ups and organisations that are solving challenges related to charging infrastructure, technology ancillaries and companies fighting climate change at large''. On the company's investment, Amara Raja Batteries Executive Director Vikramaditya Gourineni said, ''Log9's progress in the field is significant in meeting India's growing aspirations in the energy and mobility space. Battery manufacturing is the most critical part of the value chain that needs to be localised, and batteries designed in India for India will pave the way.'' Petronas Ventures Head Arni Laily said, ''Log9's approach to the future of energy continues to excite us and strongly aligns with the investment priorities of PETRONAS Ventures. This partnership will further enhance PETRONAS' expansion in the new energy and green mobility sectors.'' Log9 is also backed by CBC Japan, Grip Invest Advisors Private Ltd., Cornerstone Venture Partners, LO Funds, Oxy Capital and other leading angel investors. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) READ MORE ON:
Material On Frequently Asked Questions (FAQ)
When was Material On founded?
Material On was founded in 2015.
Where is Material On's headquarters?
Material On's headquarters is located at Hangzhou.
What is Material On's latest funding round?
Material On's latest funding round is Unattributed VC.
Who are the investors of Material On?
Investors of Material On include Eagles Fund.
Who are Material On's competitors?
Competitors of Material On include Carbon-Ion Energy, Power Roll, NAWA Technologies, Skeleton Technologies, LS Materials, Nanotech Energy, PJP Eye, Adgero, UCAP Power, Gegadyne Energy Labs and 14 more.
Compare Material On to Competitors
C2C-New Camp creates supercapacitors (batteries) for storage of energy based on metallic oxides, which allows energy storage to be safer.
Inmatech is developing next generation supercapacitor devices that incorporate low-cost, high-performance materials in proprietary designs. Supercapacitors offer a combination of energy and power that complements other electrochemical storage and conversion devices, including batteries and fuel cells. Inmatech's supercapacitors based on low-cost materials and unique cell design results in higher energy densities that extend the range and cycle lives of batteries in hybrid energy storage systems.
PBC Tech is a developer of energy storage platforms. The company's product, PowerPatch, is an ultrathin, integrated supercapacitor that can scale voltage, energy and power in a single unit.
Adgero develops retrofittable kinetic energy recovery systems for heavy goods vehicles using graphene ultracapacitor energy storage. The system developed turns mechanical energy that occurs from Turcks' braking into electrical energy that can be stored into devoted batteries. Its graphene Kinetic Energy Recovery system transforms any truck into a hybrid electric vehicle, reducing fuel consumption and CO2 emissions by up to 30%.
Gegadyne Energy Labs is developing high-performance energy systems with improvements in energy density that can charge in seconds and work for hours. Gegadyne's supercapacitor graphene-based battery aims to replace lithium-ion batteries.
Power Roll was established to develop and commercialize its energy storage and energy generation technologies. The company was founded in 2012 and is based in Sunderland, U.K.
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