Pranos Fusion Secures $6.8M to Pioneer India's Commercial Fusion Energy Sector
Bengaluru-based Pranos Fusion has raised $6.8 million in a round co-led by pi Ventures and Ankur Capital to accelerate the development of its compact tokamak reactor. The startup aims to achieve 'first plasma' by 2026 while leveraging India's cost advantages to commercialize high-temperature superconducting magnets in the near term.