Enerzyz Raises $2M Seed Funding to Scale Methane-to-Hydrogen and Nanocarbon Technology
Enerzyz (often reported as Enerzi), a deep‑tech clean energy startup based in Belagavi, Karnataka, India, has successfully raised ₹16.5 crore (about $2 million) in seed funding to accelerate the development and commercialization of its innovative methane‑to‑hydrogen and nanocarbon platform. The seed round reflects growing investor interest in climate‑focused hardware ventures that leverage advanced plasma science to produce clean hydrogen while generating valuable by‑products.
The seed financing was led by Capital‑A, a venture capital fund focused on early‑stage manufacturing, deep‑tech, and climate technology startups. Capital‑A has positioned itself as a partner for founders building foundational industrial innovations and has backed a range of early‑stage ventures across hardware and climate sectors.
Supporting Capital‑A in the round was 8X Ventures, a deep‑tech venture capital firm with a track record of investing in early‑stage technology companies across India and beyond, including advanced computing, Industry 4.0, and other scientific hardware domains. Several angel investors also participated in the funding, contributing additional support to energetically back Enerzyz’s ambitious plans.
Enerzyz was founded by industry veterans including Kirankumar Hittalmani and Prakash Mugali, with the company emerging from a strong hardware and materials engineering foundation. It has developed a proprietary system that uses microwave plasma reactors to break down methane into clean hydrogen and solid carbon nanopowder. This dual‑output technology strengthens the economics of hydrogen production by creating a high-value co‑product while addressing critical clean‑energy challenges at scale. Enerzyz’s innovation leverages deep expertise in microwave systems, materials science, and process engineering to deliver a platform that supports green hydrogen production with significantly improved cost efficiency.
The fresh capital will be used to expand manufacturing capacity, strengthen the engineering and plasma science teams, and accelerate commercial deployment of its hydrogen and nanocarbon technologies across both Indian and international markets. By enhancing its production footprint and technical capabilities, Enerzyz aims to move beyond pilot systems into broader commercial rollout, helping industries that depend on clean fuels and advanced materials.
Enerzyz’s technology holds promise in multiple sectors beyond clean hydrogen energy. The solid carbon nanopowder produced alongside hydrogen has applications across industries such as battery materials, composites, and advanced manufacturing, expanding the total addressable market for the company’s inventions. The ability to generate value from both outputs positions Enerzyz as a potential leader in dual‑product clean industrial systems.
In addition to its cutting‑edge energy platform, Enerzyz’s background includes designing industrial microwave heating systems for manufacturing processes such as rubber processing, polymer curing, foundry drying, and materials engineering. These established product lines provide a robust engineering foundation that has enabled the startup to pivot into high‑impact methane plasmolysis work, showcasing a rare combination of industrial hardware expertise and deep‑tech innovation.
The company is also part of Maxcel, an accelerator program launched by Capital‑A in collaboration with SanchiConnect that is dedicated to supporting advanced manufacturing and industrial technology startups. Maxcel has attracted thousands of applicants and aims to catalyze early‑stage ventures that are developing hardware‑first climate and industrial solutions. Enerzyz’s selection for the program underscores its potential within India’s growing deep‑tech ecosystem.
Founder and Chief Science Officer Prakash Mugali said the funding validates years of innovation in microwave engineering, clean hydrogen production, and nanocarbon synthesis. He noted that the capital will strengthen manufacturing capabilities, boost research in plasma and nanomaterials, and help transition Enerzyz from pilot operations toward large‑scale commercial deployment. The company’s vision, he added, is to establish a clean, efficient, and globally competitive hydrogen and nanocarbon platform from India that can serve both domestic and export markets.
Ankit Kedia, Founder and Lead Investor at Capital‑A, emphasized that Enerzyz represents the type of high‑impact innovation investors are seeking in the climate tech and advanced materials sectors. He highlighted the startup’s ability to translate plasma science into scalable manufacturing solutions and expressed strong support for Enerzyz’s next phase of growth.
With this seed funding round completed and strategic investor backing in place, Enerzyz is poised to accelerate its role as a deep‑tech enabler of the clean hydrogen economy and a provider of advanced carbon materials. As global interest in hydrogen‑based solutions continues to rise, the company’s technology could play an influential role in shaping sustainable industrial energy and materials ecosystems.
