Pranos Raises $6.8M to Build Compact Nuclear Fusion Technology from…

Team S · 2026-03-28T14:46:04.000Z

Bengaluru-based deeptech startup Pranos has raised $6.8 million in a funding round, co-led by pi Ventures and Ankur Capital, with participation from Industrial47 and a group of angel investors including Lalit Keshre, founders of Razorpay, and Bhukhanwala Industries. Founded in 2024, Pranos is developing compact nuclear fusion technology aimed at generating clean and scalable energy. The company is focused on building advanced fusion systems using tokamak-based designs, high-temperature superconducting magnets, and proprietary plasma control software, enabling more efficient and smaller reactor architectures compared to traditional large-scale fusion systems. The funding will be used to accelerate core technology development, build testing infrastructure, and expand its engineering team, with plans to achieve first plasma for its prototype reactor in the near term. Pranos is positioning itself within the global race to commercialize fusion energy, a sector gaining momentum due to rising global electricity demand driven by AI, industrialization, and digital infrastructure. By focusing on compact and scalable fusion systems, the company aims to contribute to the development of next-generation clean energy infrastructure from India.

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Pranos Raises $6.8M to Build Compact Nuclear Fusion Technology from… | Newnex