Avalanche thinks the fusion power industry should think smaller
Avalanche has raised $29 million in fresh funding to pursue its unique approach to fusion power, which can currently fit on a table.
fusion power
Struggling fusion power company General Fusion to go public via $1B reverse merger
General Fusion’s merger with an acquisition company will net the company over $300 million. Just last year, the company ran into trouble raising money from other investors.
Bill Gates-backed Type One Energy raises $87M ahead of $250M Series B
Type One Energy has raised more than $160 million from investors to date. The new funding will help the company further refine its stellarator technology.
Commonwealth Fusion Systems installs reactor magnet, lands deal with Nvidia
The fusion power frontrunner said that construction on its Sparc reactor was proceeding as planned. Meanwhile, it’s building a digital twin to help dial it in.
Every fusion startup that has raised over $100M
Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.
Thea Energy previews Helios, its pixel-inspired fusion power plant
Thea Energy says that its planar-coil fusion power plant could be cheaper and easier to build thanks to AI-powered control software.
This startup wants to build a fusion reactor — on a boat
Startups are still racing to build the world’s first commercial fusion power plant on land, but Maritime Fusion thinks the path will be easier out at sea.
Trump Energy department drops renewables, promotes fusion in office reshuffle
The revamped organizational structure cut at least one office authorized by Congress, which could spur legal challenges.
The real reason Google DeepMind is working with a fusion energy startup
Google has invested in fusion startups as potential power suppliers. This latest move suggests Google sees them as potential customers, too.
Commonwealth Fusion Systems books a $1B+ power deal for its future fusion reactor
The fusion startup has inked a deal with Italian energy company Eni. The move is likely intended to set a price for fusion power.