The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, Chemical Manufacturing & Digital Entertainment marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, & others.

Funding News: Nanotechnology Startup Vimano Secures $25 Crore in Seed Funding Led by Ankur Capital

Startup: Vimano

Founder: Murari Ramkumar

About us: Vimanoare an advanced materials and manufacturing startup building components for several types of electrochemical devices and systems. Vimano adaptable membranes are intricately tailored to unlock the full potential of energy generators, distributors, and consumers, propelling a transformative era in the energy landscape.

Founded Year: 2019

Office: Bangalore

Sector: Electric Power Transmission, Control, and Distribution

Funding Round: Seed Round

Investors: Led by Ankur Capital

The nanotechnology startup Vimano acquired seed funding of Rs 25 crore after Ankur Capital took the lead position in investing. Ankur Capital has started its third fund framework through this landmark deal. The seed funding enables Vimano to support its objective for energy transition because its membranes power critical components in all three energy applications - PEM fuel cells and redox flow batteries and electrolyzers for green hydrogen production.

Numerous technological barriers remain in the way of global energy transition since solar energy costs continue to fall. Green hydrogen production expenses remain high while effective LDES solutions remain unavailable to facilitate the transition of heavy manufacturing industries and create a fully renewable powered electricity system.

Website: https://www.vimano.biz/