Protonas, a Tennessee-based startup specializing in affordable polymer electrolyte membrane (PEM) hydrogen fuel cell technology, recently secured funding in a round led by Transition VC. The investment will aid in establishing initial manufacturing operations in Chennai, India, and the development of prototype systems. The company, with a subsidiary in Chennai, seeks to offer economical backup power solutions in North America and introduce fuel cell engines for three-wheeler transportation and four-wheeler delivery applications in India and other Asian markets. Raiyaan Shingati, Co-founder and Managing Partner at Transition VC, expressed delight in the prospects of promoting cost-effective hydrogen fuel cells for mobility, energy storage, and industrial applications. Transition VC's investment in Protonas aims to support the company's expansion and product development, with the guidance of industry veteran David DeVries.