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Focused Energy raises whopping $240M Series A for laser-powered fusion tech

CN
CitrixNews Staff
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Focused Energy raises whopping $240M Series A for laser-powered fusion tech

Focused Energy recently raised an oversubscribed $240 million Series A round, one of the largest early-stage rounds for a fusion power startup. 

The new round, announced last week, brings the company’s total private capital raised to $300 million, the company told TechCrunch. The startup has also received $200 million in grants, collectively making it one of the most heavily funded fusion startups.

Originally reported by TechCrunch