Enerzi, a Belgaum-based deep-tech manufacturing company developing microwave–plasma hydrogen production and engineered carbons, has raised Rs 165 million in a seed round led by Capital-A, India’s first manufacturing-focused venture capital fund. The round also saw participation from 8x Ventures and several angel investors.Enerzi is pioneering a next-generation method of clean-hydrogen production using microwave plasma reactors. Its platform converts methane into clean hydrogen while simultaneously producing solid carbon nanopowder as a co-product—strengthening the economics of hydrogen and enabling applications in batteries, composites and advanced material engineering.In addition to its clean-energy technology, the company manufactures industrial microwave-based heating systems used in rubber processing, polymer curing, foundry drying and materials engineering. These systems deliver high-precision, energy-efficient heating and provide the engineering foundation that supports Enerzi’s progression into methane plasmolysis.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 platform in India and global markets.Prakash Mugali, Founder and Chief Science Officer of Enerzi, said the investment validates the company’s innovation across microwave engineering, clean hydrogen generation and nanocarbon synthesis. He noted that the funding will boost manufacturing, fast-track R&D and support the transition from pilot systems to full commercial scale.Capital-A Founder and Lead Investor, Ankit Kedia, said Enerzi is well positioned to shape India’s clean-energy and advanced-materials ecosystem, adding that its ability to translate plasma science into scalable manufacturing reflects the type of innovation the sector needs.To support emerging industrial-technology ventures, Capital-A and SanchiConnect have launched Maxcel, an accelerator programme focused on hardware and advanced manufacturing. With more than 2,000 applications, Enerzi is among its standout success stories.