HYLENR Nets $3 Mn To Offer Low-Carbon Heat Generation Solutions

Clean tech startup HYLENR has raised $3 Mn (around INR 26.3 Cr) in its pre-Series A funding round co-led by Valour Capital and Chhattisgarh Investments Limited.

The round also saw participation from a host of angel investors, including Sundar Iyer and Anant Sarda.

The Hyderabad-based startup will deploy the freshly raised funds to expedite its market launch. It is currently operating on a pilot basis.

Besides India, the startup is looking to help international markets, including the US, Europe and Japan, with sustainable energy solutions.

“We have moved beyond proof-of-concept into a phase where LENR can begin to address real-world energy challenges. This funding allows us to accelerate product development and market reach, addressing industry needs for clean, high-yield thermal and electrical energy solutions in the US, Europe, India and Japan markets,” said HYLENR founder Ram Ramaseshan.

Founded in 2024, HYLENR is leveraging its patented low energy nuclear reactor (LENR) technology to develop a carbon-free heat energy system to fulfil the industrial and enterprise needs for heat and power.

(The story will be updated soon)

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