Pranos Fusion has raised $6.8 million (₹63 crore) in an early-stage funding round co-led by pi Ventures and Ankur Capital, with participation from Industrial47 and angel investors including Lalit Keshre, founders of Razorpay, and Bhukhanwala Industries.
The funding will be used to advance research and development, expand the team, build testing facilities, and commission a tokamak, with first plasma targeted for 2026.
From Startup to Fusion Pioneer: A Brief History
Founded in 2024 by Shaurya Kaushal and Roshan George, Pranos Fusion is co-incubated at the Jawaharlal Nehru Centre for Advanced Scientific Research and the Institute for Plasma Research.
The startup builds on India’s existing capabilities in plasma science while aiming to develop compact and scalable fusion systems.
Cutting-Edge Fusion Technology Stack
Pranos Fusion is developing a compact magnetic confinement fusion system based on a tokamak design that uses high-temperature superconducting magnets to confine plasma.
Its approach combines advanced hardware with software-based control systems, enabling more efficient management of fusion processes across smaller reactor designs.
Impact on Future Energy Systems
While still in early development, Pranos Fusion’s technology reflects broader efforts to explore fusion as a long-term clean energy source.
By focusing on compact reactor design and improved control systems, the company aims to contribute to more efficient and scalable fusion solutions as the technology matures.
Maria Lourdes
