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Nuclear fusion startup Pranos raises $6.8 million in funding round co-led by Pi Ventures and Ankur Capital to develop clean energy systems.

PRIVATEMar 24, 2026

Amount Raised

$6.8 Million

Round Type

Seed

WilmingtonEnergyRenewable Energy

Investors

Industrial47Ankur CapitalPi Ventures

Description

Bengaluru-based deeptech startup Pranos Fusion has secured $6.8 million in a funding round co-led by Pi Ventures and Ankur Capital. The funds will help in building and testing their fusion energy systems. Founded in 2024, Pranos aims to commercialize fusion technology and is targeting first plasma in 2026. The company is focused on technologies that can be commercialized earlier, including superconducting magnets.

Quick answer

Pranos Fusion raised $6.8 Million in a Seed round, dated March 24, 2026. Investors: Industrial47, Ankur Capital and Pi Ventures. Pranos Fusion is based in Wilmington, Delaware, United States.

How much did Pranos Fusion raise?
Pranos Fusion raised $6.8 Million in a Seed round on March 24, 2026.
Who invested in Pranos Fusion?
Industrial47, Ankur Capital and Pi Ventures are named as investors in this round.
What does Pranos Fusion do?
Pranos Fusion is a Bengaluru-based deeptech startup focused on building fusion energy systems.
Where is Pranos Fusion based and how big is it?
Pranos Fusion is based in Wilmington, Delaware, United States. Fundz records about 11 employees.
Who are the decision-makers at Pranos Fusion?
Fundz holds 2 contacts at Pranos Fusion, including the Co-Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Pranos Fusion that raised within 45 days of this round, from Fundz verified event records.

  • Evolution Metals & Technologies raised $20M on May 7, 2026.
  • Moment Energy raised $40M (Series B) on May 5, 2026.
  • Torus raised $35M (Debt Financing) on April 30, 2026.
  • Power Grid Corporation of India raised $422M (Debt Financing) on April 30, 2026.
  • CleanDesign raised $20M on April 28, 2026.
  • Serenity Power raised $920K (Pre-Seed) on April 27, 2026.

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Company Information

Company

Pranos Fusion

Location

Wilmington, Delaware, United States

About

Pranos Fusion is a Bengaluru-based deeptech startup focused on building fusion energy systems. The company aims to generate power by fusing hydrogen atoms, similar to how the sun produces energy. Pranos is working on software for reactor design, a compact tokamak, and high-temperature superconducting magnets. Founded in 2024, the startup has a multidisciplinary team led by Shaurya Kaushal and Roshan George, and it is co-incubated at JNCASR and IPR.

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Related People

2 contacts
Verified contactsRoshan G., Co-Founder hiddenSee plans and pricing
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Pranos Fusion raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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