HYLENR, a Hyderabad-based clean energy startup, has raised $3 million in a pre-Series A funding round led by Valour Capital and Chhatisgarh Investments. Individual investors Karthik Sundar Iyer and Anant Sarda also participated.
The fresh funds raised will be used to fast-track from pilot to market launch, signaling growing investor confidence in LENR as a viable alternative to fossil fuels.
Founded in 2024 by Siddhartha Durairajan and Ram Ramaseshan, HYLENR Technologies is a Hyderabad-based clean energy startup. 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.
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.
It targets $25 million in the next funding round with strategic investors and with Clean Energy-focused funds from the U.S. and Europe to expand its R&D, engineering, and international partnerships.
Siddhartha Durairajan, Chairman and Managing Director of HYLENR, said, “We believe LENR has the potential to be the safest and most energy-efficient thermal and electrical generation technology of the future. 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.”
Ram Ramaseshan, Co-Founder, Executive Director and CEO of HYLENR, said, “This round is a vote of confidence in both our technology and our mission. 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.”
Karan Goshar, Partner at Valour Capital, said, “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.”
