#Fusion Tech
5 articles with this tag
Fusion's Dawn: Powering AI's Insatiable Thirst
Proxima Fusion Lands €15M for Fusion Power Development
Proxima Fusion secured an additional €15 million, extending its Series A round. CDP Venture Capital, the EICF, and Brevan Howard led this investment, bringing its total capital raised to €200 million. The German startup develops fusion power plants using QI-HTS stellarators.
Commonwealth Fusion Systems Secures $863M for Fusion Energy
Commonwealth Fusion Systems (CFS) secured $863 million in Series B2 funding. Prominent investors included Nvidia, Google, and Breakthrough Energy Ventures. This capital will advance its Sparc prototype reactor and commercial fusion energy development.
General Fusion Secures $22M for Fusion Energy Development
Canadian nuclear fusion energy startup General Fusion secured $22 million in new funding. Existing investors, including Penderfund and Segra Capital Management, participated in the round. The capital will support ongoing research and development of its magnetized target fusion technology.
