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3

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Latest GEMs Advisory News

Log 9 adds Rs 3 crore to its kitty

Jul 23, 2018

Log 9 adds Rs 3 crore to its kitty This is a continuation of Log 9’s Pre-series-A funding received from GEMS Advisory in 2017. Vishal Dutta  |  ET Bureau  |  July 23, 2018, 14:02 IST 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. RELATED

GEMs Advisory Investments

3 Investments

GEMs Advisory has made 3 investments. Their latest investment was in Tripshelf as part of their Seed on April 4, 2018.

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GEMs Advisory Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/25/2018

Seed

Tripshelf

$0.24M

No

2

12/15/2016

Seed VC - II

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$99M

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10

12/1/2016

Seed - II

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$99M

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10

Date

4/25/2018

12/15/2016

12/1/2016

Round

Seed

Seed VC - II

Seed - II

Company

Tripshelf

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Amount

$0.24M

$99M

$99M

New?

No

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Co-Investors

Sources

2

10

10

GEMs Advisory Team

1 Team Member

GEMs Advisory has 1 team member, including former Founder, Sami Alrushaid.

Name

Work History

Title

Status

Sami Alrushaid

Founder

Former

Name

Sami Alrushaid

Work History

Title

Founder

Status

Former

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