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Clean energy player Hylenr raises $3-M from Valour Capital, Chhattisgarh Investments

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Hyderabad-based clean energy startup Hylenr has raised USD 3 million in a pre-Series A round led by Valour Capital and Chhattisgarh Investments, with participation from Karthik Sundar Iyer and Anant Sarda.The fresh funding will be used by the company for fast-tracking growth from pilot to market launch.Hylenr uses patented Low Energy Nuclear Reactions (LENR), also known as "cold fusion, for producing decentralised, zero-emission power, a clean heat with no combustion or CO2.The company claims that it can find application in industrial heating, hydrogen production, defence, remote setups, and space missions.