# Protonas

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/protonas

- Industry: Energy Storage & Batteries
- Headquarters: Knoxville, US
- Website: https://protonas.tech/
- Latest round: Seed (Jul 18, 2024)
- Investors on record: 1

## About

Based in Tennessee, US, Protonas, Inc. operates as a provider of affordable solutions for hydrogen fuel cells with polymer electrolyte membranes. Some of the firm's clients include Hyfindr, Upstart Power, TOYOTA, Hyzon, etc. In July 2024, Protonas, Inc. raised venture funding led by Transition VC. The firm, as of December 2024, has offices in Tennessee, US, and Tamil Nadu, India, and is led by its founder, CEO, and Chairman of the Board, Peter David DeVries. 

Protonas develops and commercializes affordable fuel cell solutions for a range of industries, focusing on applications such as unmanned aerial vehicles (UAVs), backup power systems, and transportation. The company's technology offers cost-effective alternatives to traditional energy sources like batteries and combustion engines, addressing challenges related to fuel sourcing and affordability, particularly in regions with reliable hydrogen fuel access. 

The company plans to utilize the July 2024 funding to expand its market reach.

## Funding rounds

- Seed, Jul 18, 2024 — Transition Venture Capital

## Investors

- Transition Venture Capital (https://capitalatlas.ai/funds/transition-venture-capital) — Seed