Summary
HYLENR, a Hyderabad-based company with a development center in Bengaluru, is developing low-energy nuclear reactors (LENR) to produce industrial heat, claiming to have achieved a thermal gain of 1.8. The company, founded in 2024, has raised approximately ₹26 crore in a pre-Series A round and plans a $25 million round next, despite its claims not yet being peer-reviewed or independently reproduced.