Anubal Fusion has raised pre-seed funding exclusively from Speciale Invest, supporting its mission to advance nuclear fusion technology in India.
This investment aligns with Speciale Invest’s focus on transformative, high-impact technologies, especially those addressing global clean energy needs.
As India’s first nuclear fusion startup, Anubal Fusion is one of only about 40 companies worldwide aiming to make commercial nuclear fusion a reality.
Bengaluru, India, 5th November 2024: Anubal Fusion, India’s pioneering nuclear fusion startup, has secured pre-seed funding exclusively from Speciale Invest, marking a pivotal milestone in advancing the country’s role in sustainable energy innovation. This strategic investment aligns Anubal Fusion with a select group of global innovators working to make nuclear fusion—a clean, limitless power source—a commercial reality.
In a world grappling with an urgent energy crisis, Anubal Fusion aims to establish nuclear fusion as a clean and limitless power source. With global energy consumption projected to soar to 200,000 TWh by 2024 and carbon emissions nearly doubling since the 1980s, the need for sustainable alternatives has reached a critical point Anubal Fusion’s advancements in fusion technology aim to reshape today’s energy-deficit civilization into one defined by energy abundance, addressing the demand for scalable, carbon-free power.
The fusion energy sector has seen unprecedented growth, with over 40 companies globally and $8.5 billion invested in technologies like inertial confinement and high-performance lasers, paving the way for fusion’s potential as a sustainable solution. Anubal Fusion, founded in May 2024, leverages state-of-the-art technology and partnerships with leading institutions, including TIFR Hyderabad and IIT Madras, to accelerate R&D and lay the foundation for the commercialization of nuclear fusion in India.
“At Speciale Invest, we believe in empowering visionaries who pioneer deep tech and engineering solutions to solve global challenges. Our investment in Anubal Fusion represents our belief in nuclear fusion’s transformative potential as a cornerstone of a sustainable energy future,” said Vishesh Rajaram, Managing Partner at Speciale Invest. By supporting Anubal Fusion, we’re not just backing a startup but investing in a revolutionary energy vision that promises a clean, abundant, and accessible power future.”
“Securing this pre-seed funding from Speciale Invest marks a pivotal step in our mission to unlock the potential of nuclear fusion,” said Pravin Kini, Founder of Anubal Fusion. “As the world faces an intensifying energy crisis, where demand is skyrocketing and carbon emissions must be drastically reduced, nuclear fusion presents a promising path forward. This funding will significantly bolster our R&D and critical technology development efforts while strengthening our partnerships with esteemed institutions like TIFR Hyderabad and IIT Madras. Together, we’re working to create a clean, limitless energy source that can truly change the game, addressing today’s biggest energy challenges and building a sustainable, energy-abundant future for all.”