Pranos Fusion Private Limited has raised ₹63 crore from a pre-Series A fundraise co-led by Pi Ventures Fund II and Ankur Capital Fund III, with participation from existing investor Industrial47 and a group of angel investors.
Trilegal advises both the lead investors, Pi Ventures and Ankur Capital, on this fundraise.
The transaction team was led by Nikhil Sachdeva (Partner), with support from Mayank Malhotra (Counsel), Tushar Bakshi (Senior Associate) and Associates Madhur Patel and Ayush Sharma.
Pranos is one of India's first nuclear fusion company, dedicated to revolutionising the country's energy landscape through safe and reliable nuclear fusion technology with a focus on designing and building next-generation fusion systems aimed at enabling clean and scalable power.
The capital will be utilised for building and testing the Company's tokamak.
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