Browsing: startup failure

Log9 Materials, a 2015-founded EV startup, has struggled to adapt to the shifting Indian EV battery market, leading to legal battles, mounting debt, and a significant decline in its fortunes despite raising over $60 million from VCs and industry majors.

Log9 Materials, once India’s deeptech darling, faces severe financial pressure after multiple technology failures and strategic missteps in the competitive EV battery market

Consumer hardware startup Tomorrow, known for its innovative approach to fridge technology, has ceased operations due to difficult funding environment and tariff uncertainties.