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New cash for “micro-fusion” startup

Ben Geman reports on a new micro-fusion energy startup.

The C3 Take
  • Avalanche Energy has received $40 million in Series A funding from Founders Fund and Toyota Ventures.
  • The company makes micro-fusion reactors which Avalanche says are able to be more affordably deployed and scaled which would theoretically speed up its commercialization.
  • If successful, this technology could unlock the way for the deployment of fusion energy.

“‘We want to build the smallest fusion reactor in the world. Then we’re talking about a project that’s maybe tens of millions of dollars, not billions, and you could actually do it with a small team,'” Avalanche CEO Robin Langtry tells the paper.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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