PE-VC Fund Investments
Compact fusion reactors maker Pranos raises $6.8 M led by Pi Ventures, Ankur Capital
Bengaluru-based Pranos Fusion has raised USD 6.8 million in a funding round co-led by Pi Ventures and Ankur Capital, with participation from returning investor Industrial4. Angel investors, including Lalit Keshre (co-founder of Groww), the founders of Razorpay, and Bhukhanwala Industries also participated in the funding round.Founded in 2024 by Shaurya Kaushal and Roshan George, Pranos Fusion develops compact magnetic fusion technology, designed to generate energy by fusing hydrogen atoms.The new funds will be used to advance development across its fusion technology stack, including the commissioning of a tokamak with first plasma targeted for 2026, continued development of magnet systems, and enhancement of software-driven design and control capabilities. Funds will also support team expansion and the build-out of testing facilities.
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