Vimano is a technology company.
Vimano has raised $3.0M across 1 funding round.
Vimano has raised $3.0M in total across 1 funding round.
Vimano is a Bengaluru-based advanced materials and nanotechnology startup developing innovative, PFAS-free ion-conductive membranes for energy transition technologies, including redox flow batteries, electrolyzers for green hydrogen production, and proton exchange membrane (PEM) fuel cells.[1][2][3] These membranes tackle critical challenges in efficiency, durability, cost-effectiveness, and ion crossover, enabling long-duration energy storage (LDES), renewable intermittency solutions, grid stability, and enhanced hydrogen-powered mobility.[1][2][3] Founded by material scientists Murari Ramkumar (CEO) and Dr. Nagesh Kini (CTO), Vimano serves clean energy manufacturers and aims to integrate its tech into 1 out of every 2 large-scale energy storage devices, electrolyzers, and fuel cells globally, with strong early momentum from awards, scaling achievements (36x dimensional growth in 2 years), and investments like Ankur Capital's Fund 3.[2][3]
The company demonstrates robust growth through milestones such as 15.7x higher capacity retention in flow batteries (99.7% Coulombic efficiency after 100 cycles), the first Make-in-India anion exchange membrane for electrolysis and polymer films for satellite thermal management, plus 35km extra range per 100km in hydrogen trucks.[2]
Vimano emerged from the labs of the Indian Institute of Science (IISc) in Bengaluru, where founders Murari Ramkumar and Dr. Nagesh Kini—both material scientists—developed their initial membranes for redox flow batteries around 2020.[3] The idea stemmed from addressing persistent gaps in energy storage and hydrogen tech, leveraging their expertise in nanotechnology to create PFAS-free, high-performance ion-selective membranes.[1][3] Early traction came via lab prototypes, leading to platformization of the core technology for multiple applications.[3] Pivotal moments include winning the Nanosparx Startup Pitching competition at Bengaluru India Nano 2024, Elevate ‘Idea2PoC’ by Karnataka Government, UNIDO FLCTD Paid PoC, and ICES IIT Madras awards, alongside rapid manufacturing scale-up.[2]
Vimano rides the global decarbonization wave in a $500B+ market for LDES and hydrogen value chains, where renewable intermittency, grid failures, and long-duration mobility demand efficient, affordable tech.[3] Timing aligns with surging green hydrogen and battery storage needs, amplified by policies like India's Make-in-India and international net-zero goals, positioning Vimano as a key enabler for scalable clean energy.[2][3] Market forces favoring it include rising electrolyzer/fuel cell deployments and the push for PFAS alternatives amid regulatory scrutiny.[1][3] By platformizing membranes, Vimano influences the ecosystem as a "missing link," boosting device efficiency/resilience and supporting investors like Ankur Capital in deep tech for energy transition.[3]
Vimano is primed for explosive growth by commercializing its scaled, award-winning membranes amid booming demand for LDES and green hydrogen, with Ankur Capital's backing fueling manufacturing expansion.[3] Next steps likely include deeper global partnerships, larger pilots, and penetration into electrolyzers/fuel cells, targeting their 50% market integration vision.[2] Trends like AI-optimized grids, hydrogen trucking, and PFAS bans will propel them, evolving their role from Indian innovator to global energy storage linchpin—bridging the gap from clean energy promise to reality.[2][3]
Vimano has raised $3.0M in total across 1 funding round.
Vimano's investors include Ankur Capital.
Vimano has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in April 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2025 | $3.0M Seed | Ankur Capital |