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Nanotechnology Startup Vimano Bags INR 25 Cr From Ankur Capital, Others

  • Bengaluru-based nanotechnology startup Vimano has raised INR 25 Cr (around $2.9 Mn) in a seed funding round led by Ankur Capital.
  • The round also saw participation from eight undisclosed investors.
  • Vimano plans to use the funding to fuel its energy transition, initiate pilot projects, expand the team, and build a manufacturing process for its membranes.
  • Vimano develops customised low polyfluoroalkyl substances (PFAS) formulations for flow batteries, electrolysis, and fuel cells, aiming to lower costs and enhance electrolysers used in green hydrogen production.

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