Vimano, a nanotechnology and advanced materials startup, has successfully secured Rs 25 crore in its seed funding round, with Ankur Capital as the lead investor. This investment signifies Ankur Capital's first from its latest third fund and will bolster Vimano's mission to fuel the energy transition. Vimano specializes in developing membranes crucial for redox flow batteries, electrolysers for green hydrogen production, and PEM fuel cells. The global energy transition is advancing steadily, yet challenges like high green hydrogen production costs and the lack of cost-effective long-duration energy storage solutions persist. Vimano, founded in 2019 by Murari Ramkumar and Nagesh Kini, aims to leverage advanced materials to revolutionize energy storage. Their ion-conductive membrane platform has enabled the creation of membranes that cut down electrolysers' costs in green hydrogen production and other long-duration energy storage systems. Through extensive research spanning five years, Vimano has overcome hurdles related to membrane conductivity and performance, achieving increased efficiency, reduced crossover, and prolonged operational lifespan. The recent funding injection will empower Vimano to kickstart pilot initiatives with strategic energy partners, grow its workforce, and establish a scalable manufacturing mechanism for its innovative membranes. Murari Ramkumar, Vimano's CEO, emphasized the pivotal role of membrane electrolytes in the energy transition and expressed gratitude for the investment enabling the acceleration of commercialization efforts. Ritu Verma, Ankur Capital's managing partner, highlighted the alignment of Vimano's nanotechnology work with the firm's focus on supporting profound scientific breakthroughs addressing global challenges such as the energy transition. Verma also emphasized the transformative potential of Vimano's membranes in revolutionizing energy storage methods, with the green hydrogen sector alone anticipated to expand significantly by 2030.