Pranos Fusion Private Limited

Based in Bangalore, India, Pranos Fusion Private Limited is focused on advancing fusion energy through the development of innovative tokamak technologies and systems for energy production and plasma physics. Pranos Fusion was founded in 2024 in Bangalore, India, with a mission to commercialize fusion energy. The company has completed a total of 3 deals, with its latest funding round being a Seed round on March 24, 2026, where it raised USD 6. 8 mn from investors including Ankur Capital, Industrial47, and pi Ventures.

This funding was aimed at enhancing its fusion technology and expanding its engineering capabilities. The founder's history is not publicly detailed; therefore, specific prior ventures are unavailable. Pranos Fusion specializes in the development of tokamak technology aimed at commercializing fusion energy. The company’s core offerings include the PRAGYA tokamak, designed for advanced plasma control, and the JENGA system that facilitates the integration of control-oriented design for stable reactor operations.

These technologies utilize High-Temperature Superconducting (HTS) magnets to improve tokamak performance by generating stronger magnetic fields and enabling more compact reactor architectures. The primary users of these technologies include national laboratories, private industry partners, and research institutions focused on energy production and plasma physics across thirty-three nations, with significant activities in North America, Europe, and Asia. Pranos Fusion generates revenue through partnerships and collaborations with various stakeholders in the energy sector, including national laboratories, private technology firms, and research institutions. The company engages in B2B transactions to co-develop and implement its tokamak technologies, often entering long-term agreements for flagship products like PRAGYA and JENGA.

This business model fosters a collaborative ecosystem that propels advancements in fusion energy solutions, with pricing models customized to align with project requirements and scale, reflecting the cooperative nature of the industry. Pranos Fusion's future growth strategy includes enhancing its fusion technology and expanding its engineering team with the support of recent funding raised in March 2026. The company plans to upgrade its development facilities to facilitate the design and launch of new products. Additionally, Pranos Fusion aims to expand into new geographic regions, specifically targeting markets in North America, Europe, and Asia by 2027.

The recent Seed funding of USD 6. 8 mn will be instrumental in advancing these initiatives.