Enerzi, a tech company from Belagavi, has received ₹16.5 crore in seed funding. The main investor is Capital-A, a fund that supports manufacturing startups, along with 8x Ventures and a few angel investors.
Enerzi is working on a new way to make clean hydrogen using microwave-plasma reactors. This method breaks down methane to produce two useful things:
Clean hydrogen, and
Solid carbon nanopowder, which can be used in batteries, composites, and other advanced materials.
Because it creates two valuable products at the same time, this technology is cost-effective and ready for industries to use.
Apart from this, Enerzi already builds microwave-based industrial machines used in rubber processing, polymer curing, foundries, and material engineering. Their strong experience in hardware and materials has helped them move into hydrogen technology.
The new funding will allow Enerzi to increase manufacturing in Belagavi, hire more engineers and scientists, and speed up the launch of their hydrogen and nanocarbon solutions in India and other countries.
Enerzi’s Founder and Chief Scientific Officer, Prakash Mugali, said the investment supports their long-term work.
“It boosts our mission to create a clean, efficient, and globally competitive hydrogen and nanocarbon platform from India,” he said.
