Vimano, a nanotechnology and advanced materials startup, has received a significant boost with a Rs 25 crore funding round led by Ankur Capital. The investment marks Ankur Capital's first from its third fund and aims to propel Vimano's mission of revolutionizing the energy transition. Founded in 2019 by materials scientists Murari Ramkumar and Nagesh Kini, Vimano focuses on developing ion-conductive membranes that serve as crucial components in various energy storage applications like redox flow batteries, green hydrogen production, and fuel cells. The startup's innovative membrane technology is designed to address key challenges in the industry, including the high cost of green hydrogen production and the lack of cost-effective long-duration energy storage solutions. With over five years of research, Vimano has successfully tackled issues related to membrane conductivity, performance, efficiency, and durability, paving the way for more sustainable and efficient energy storage options. The funding injection will enable Vimano to collaborate on pilot projects with industry partners, grow its team, and establish a scalable manufacturing process for its membranes. Murari Ramkumar, CEO of Vimano, expressed enthusiasm about the investment, highlighting the potential of their high-performance membranes to drive positive changes in the energy storage landscape. Ritu Verma, managing partner at Ankur Capital, emphasized the alignment of Vimano's work with the firm's vision of supporting deep science innovations to address global challenges. Verma lauded Vimano's membrane technology, projecting a significant growth in the green hydrogen sector to over $60 billion by 2030. This investment reflects Ankur Capital's confidence in Vimano's ability to reshape energy storage across various applications, underscoring the promising future of sustainable energy solutions.