Latest news with #KarthikSundarIyer
Time of India
3 days ago
- Business
- Time of India
Hyderabad clean energy startup HYLENR raises $3 million via Pre-Series A fundraise
HYDERABAD: HYLENR, Hyderabad-based clean energy startup that is working on harnessing low energy nuclear reaction (LENR) to develop carbon-free energy systems for industrial heat and power, has raised $3 million (approx. Rs 26 crore) in a strategic Pre-Series A funding round led by early stage investors Valour Capital and Chhattisgarh Investments Ltd that are focused on deeptech and energy transition technologies. Individual investors such as Karthik Sundar Iyer and Anant Sarda too participated in the funding round. The startup said the funding will be utilised to fast-track its products from pilot to market launch and demonstrates LENR's potential as a viable and scalable alternative to fossil fuels. The startup said it is now eyeing a $25 million fundraise from strategic investors and clean energy focused funds from the US and Europe as part of its next round. The T-Hub incubated startup said it already has pilot projects underway with government institutions and industrial players with an eye on replacing conventional fossil-based systems with sustainable, nextgen alternatives. 'Our product pipeline includes products ranging from 7.2KW for domestic consumption all the way to 1MW for large-scale industrial applications,' the startup said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mr. Bala's Powerful Intraday Strategy Revealed – No More Guesswork TradeWise Learn More Undo 'Our recent lab results show unprecedented energy gain ratios, and this round gives us the momentum to focus on our product roadmap. We have begun early proof-of-concept tests, with several government bodies and large corporations showing interest in our LENR systems. The next phase will focus on scaling manufacturing and expanding globally,' said HYLENR chairman and managing director Siddhartha Durairajan. '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 Ram Ramaseshan, co-founder, executive director and CEO, HYLENR. Stay informed with the latest business news, updates on bank holidays and public holidays .
The Hindu
3 days ago
- Business
- The Hindu
Clean energy startup Hylenr raises $3 million
Hylenr has raised around $3 million in a pre-series A funding round that is expected to aid the clean energy startup accelerate product commercialisation. The fresh capital enables it to fast-track from pilot to market launch. It signals growing investor confidence in Low Energy Nuclear Reactions (LENR) as a viable alternative to fossil fuels, Hylenr said on Wednesday. The round was led by Valour Capital and Chhattisgarh Investments, early-stage investors focused on deep-tech/energy transition technologies. Individual investors Karthik Sundar Iyer and Anant Sarda also participated. Hylenr is focused on harnessing LENR to develop scalable, carbon-free heat energy systems for industrial heat and power. 'LENR has the potential to be the safest and most energy-efficient thermal and electrical generation technology of the future,' CMD Siddhartha Durairajan said. 'We have begun early proof-of-concept tests, with several government bodies and large corporations showing interest in our LENR systems. The next phase will focus on scaling manufacturing and expanding globally,' he said in a release. Co-founder, executive director and CEO Ram Ramaseshan said the funding allows the firm to accelerate product development and market reach, addressing industry needs for clean, high-yield thermal and electrical energy solutions in the U.S., Europe, India and Japan markets. 'The startup's LENR technology is disruptive... what excites us most is the scalability and safety profile of their systems, coupled with the perfect mix of technological and entrepreneurial expertise within the team,' said Karan Goshar, Partner at Valour Capital. The Hyderabad-based startup said its product pipeline range from 7.2KW for domestic consumption to 1MW for large-scale industrial applications. It is targetting $25 million in the next fundraising round.
The Wire
3 days ago
- Business
- The Wire
HYLENR Closes Pre-Series A Funding to Commercialise Low-Energy Nuclear Reaction Systems
The Pre-Series A Funding Marks Transition from Breakthrough Research to Prototyping, Validates LENR as a Scalable Clean Energy Alternative HYDERABAD, India, Aug. 6, 2025 /PRNewswire/ -- HYLENR, a clean energy startup harnessing patented Low Energy Nuclear Reactions (LENR) to develop scalable, carbon-free heat energy systems for industrial heat and power, today announced the successful closure of around USD 3.0 Million strategic Pre-Series A funding round to accelerate product commercialisation. The round was led by Valour Capital and Chhattisgarh Investments Limited, early-stage investors focused on deep-tech/energy transition technologies. Individual investors Karthik Sundar Iyer and Anant Sarda also participated. PwC served as the company's advisor on the transaction, while Samvad Partners was their legal advisor. The fresh capital injection enables HYLENR to fast-track from pilot to market launch, signaling growing investor confidence in LENR as a viable alternative to fossil fuels amid rising interest in its breakthrough heat energy amplification and scalable commercial systems. Karan Goshar, Partner at Valour Capital, commented, "HYLENR's LENR technology is disruptive; it represents a leap forward in redefining how the world approaches industrial heat and energy generation. What excites us most is the scalability and safety profile of their systems, coupled with the perfect mix of technological and entrepreneurial expertise within the team, which positions HYLENR to play a key role in the global energy transition. We are thrilled to back a team delivering transformative technology." "We believe LENR has the potential to be the safest and most energy-efficient thermal and electrical generation technology of the future," said Siddhartha Durairajan, Chairman and Managing Director of HYLENR. Adding, "Our recent lab results show unprecedented energy gain ratios, and this round gives us the momentum to focus on our product roadmap. We have begun early proof-of-concept tests, with several government bodies and large corporations showing interest in our LENR systems. The next phase will focus on scaling manufacturing and expanding globally." "This round is a vote of confidence in both our technology and our mission," expressed Ram Ramaseshan, Co-Founder, Executive Director and CEO of HYLENR. "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." Pilot projects are already underway with leading government institutions and industrial players, aimed at replacing conventional fossil-based systems with sustainable, next-generation alternatives. The company's product pipeline includes products ranging from 7.2KW for domestic consumption all the way to 1MW for large-scale industrial applications. With its next fundraising round of USD 25 Million targeted with strategic investors and with Clean Energy focused funds from the U.S. and Europe, HYLENR aims to build on this momentum and expand its R&D, engineering, and international partnerships. The company is seeking mission-aligned investors who recognize LENR as a foundational pillar of the post-carbon energy era. The inspiration for LENR technology comes from HYLENR's Chief Innovation Officer, Padma Shri Dr. Prahlada, renowned as the Missile Man of India for his work on the Akash missile, and Dr. Varaprasad, the company's Chief Scientific Officer. About HYLENR Technologies Founded in 2024 and based in Hyderabad, HYLENR Technologies is at the forefront of next-generation energy innovation. The company's proprietary LENR-based hybrid heat systems aim to revolutionize thermal energy generation across industries such as manufacturing, oil & gas, district heating, and clean water desalination. Their breakthroughs in LENR are now protected by two patents — one for the product architecture, and another for the underlying process innovation. About Valour Capital Valour Capital is a venture capital firm backing breakthrough startups with the potential to create global impact. With a portfolio spanning cleantech, AI, biotech, and infrastructure, Valour is committed to investing in technologies that reimagine industries and reshape the future. Photo: Logo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI This is an auto-published feed from PTI with no editorial input from The Wire.
Korea Herald
3 days ago
- Business
- Korea Herald
HYLENR Closes Pre-Series A Funding to Commercialise Low-Energy Nuclear Reaction Systems
The Pre-Series A Funding Marks Transition from Breakthrough Research to Prototyping, Validates LENR as a Scalable Clean Energy Alternative HYDERABAD, India, Aug. 6, 2025 /PRNewswire/ -- HYLENR, a clean energy startup harnessing patented Low Energy Nuclear Reactions (LENR) to develop scalable, carbon-free heat energy systems for industrial heat and power, today announced the successful closure of around USD 3.0 Million strategic Pre-Series A funding round to accelerate product commercialisation. The round was led by Valour Capital and Chhattisgarh Investments Limited, early-stage investors focused on deep-tech/energy transition technologies. Individual investors Karthik Sundar Iyer and Anant Sarda also participated. PwC served as the company's advisor on the transaction, while Samvad Partners was their legal advisor. The fresh capital injection enables HYLENR to fast-track from pilot to market launch, signaling growing investor confidence in LENR as a viable alternative to fossil fuels amid rising interest in its breakthrough heat energy amplification and scalable commercial systems. Karan Goshar, Partner at Valour Capital, commented, "HYLENR's LENR technology is disruptive; it represents a leap forward in redefining how the world approaches industrial heat and energy generation. What excites us most is the scalability and safety profile of their systems, coupled with the perfect mix of technological and entrepreneurial expertise within the team, which positions HYLENR to play a key role in the global energy transition. We are thrilled to back a team delivering transformative technology." "We believe LENR has the potential to be the safest and most energy-efficient thermal and electrical generation technology of the future," said Siddhartha Durairajan, Chairman and Managing Director of HYLENR. Adding, "Our recent lab results show unprecedented energy gain ratios, and this round gives us the momentum to focus on our product roadmap. We have begun early proof-of-concept tests, with several government bodies and large corporations showing interest in our LENR systems. The next phase will focus on scaling manufacturing and expanding globally." "This round is a vote of confidence in both our technology and our mission," expressed Ram Ramaseshan, Co-Founder, Executive Director and CEO of HYLENR. "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." Pilot projects are already underway with leading government institutions and industrial players, aimed at replacing conventional fossil-based systems with sustainable, next-generation alternatives. The company's product pipeline includes products ranging from 7.2KW for domestic consumption all the way to 1MW for large-scale industrial applications. With its next fundraising round of USD 25 Million targeted with strategic investors and with Clean Energy focused funds from the U.S. and Europe, HYLENR aims to build on this momentum and expand its R&D, engineering, and international partnerships. The company is seeking mission-aligned investors who recognize LENR as a foundational pillar of the post-carbon energy era. The inspiration for LENR technology comes from HYLENR's Chief Innovation Officer, Padma Shri Dr. Prahlada, renowned as the Missile Man of India for his work on the Akash missile, and Dr. Varaprasad, the company's Chief Scientific Officer. About HYLENR Technologies Founded in 2024 and based in Hyderabad, HYLENR Technologies is at the forefront of next-generation energy innovation. The company's proprietary LENR-based hybrid heat systems aim to revolutionize thermal energy generation across industries such as manufacturing, oil & gas, district heating, and clean water desalination. Their breakthroughs in LENR are now protected by two patents — one for the product architecture, and another for the underlying process innovation. Valour Capital is a venture capital firm backing breakthrough startups with the potential to create global impact. With a portfolio spanning cleantech, AI, biotech, and infrastructure, Valour is committed to investing in technologies that reimagine industries and reshape the future.
Cision Canada
3 days ago
- Business
- Cision Canada
HYLENR Closes Pre-Series A Funding to Commercialise Low-Energy Nuclear Reaction Systems
The Pre-Series A Funding Marks Transition from Breakthrough Research to Prototyping, Validates LENR as a Scalable Clean Energy Alternative HYDERABAD, India, Aug. 6, 2025 /CNW/ -- HYLENR, a clean energy startup harnessing patented Low Energy Nuclear Reactions (LENR) to develop scalable, carbon-free heat energy systems for industrial heat and power, today announced the successful closure of around USD 3.0 Million strategic Pre-Series A funding round to accelerate product commercialisation. The round was led by Valour Capital and Chhattisgarh Investments Limited, early-stage investors focused on deep-tech/energy transition technologies. Individual investors Karthik Sundar Iyer and Anant Sarda also participated. PwC served as the company's advisor on the transaction, while Samvad Partners was their legal advisor. The fresh capital injection enables HYLENR to fast-track from pilot to market launch, signaling growing investor confidence in LENR as a viable alternative to fossil fuels amid rising interest in its breakthrough heat energy amplification and scalable commercial systems. Karan Goshar, Partner at Valour Capital, commented, "HYLENR's LENR technology is disruptive; it represents a leap forward in redefining how the world approaches industrial heat and energy generation. What excites us most is the scalability and safety profile of their systems, coupled with the perfect mix of technological and entrepreneurial expertise within the team, which positions HYLENR to play a key role in the global energy transition. We are thrilled to back a team delivering transformative technology." "We believe LENR has the potential to be the safest and most energy-efficient thermal and electrical generation technology of the future," said Siddhartha Durairajan, Chairman and Managing Director of HYLENR. Adding, "Our recent lab results show unprecedented energy gain ratios, and this round gives us the momentum to focus on our product roadmap. We have begun early proof-of-concept tests, with several government bodies and large corporations showing interest in our LENR systems. The next phase will focus on scaling manufacturing and expanding globally." "This round is a vote of confidence in both our technology and our mission," expressed Ram Ramaseshan, Co-Founder, Executive Director and CEO of HYLENR. "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." Pilot projects are already underway with leading government institutions and industrial players, aimed at replacing conventional fossil-based systems with sustainable, next-generation alternatives. The company's product pipeline includes products ranging from 7.2KW for domestic consumption all the way to 1MW for large-scale industrial applications. With its next fundraising round of USD 25 Million targeted with strategic investors and with Clean Energy focused funds from the U.S. and Europe, HYLENR aims to build on this momentum and expand its R&D, engineering, and international partnerships. The company is seeking mission-aligned investors who recognize LENR as a foundational pillar of the post-carbon energy era. The inspiration for LENR technology comes from HYLENR's Chief Innovation Officer, Padma Shri Dr. Prahlada, renowned as the Missile Man of India for his work on the Akash missile, and Dr. Varaprasad, the company's Chief Scientific Officer. About HYLENR Technologies Founded in 2024 and based in Hyderabad, HYLENR Technologies is at the forefront of next-generation energy innovation. The company's proprietary LENR-based hybrid heat systems aim to revolutionize thermal energy generation across industries such as manufacturing, oil & gas, district heating, and clean water desalination. Their breakthroughs in LENR are now protected by two patents — one for the product architecture, and another for the underlying process innovation. Valour Capital is a venture capital firm backing breakthrough startups with the potential to create global impact. With a portfolio spanning cleantech, AI, biotech, and infrastructure, Valour is committed to investing in technologies that reimagine industries and reshape the future.
