Laser-Based Fusion Energy Startup Closes Funding Round: Week in Brief: 04/22/22
OSAKA, Japan, April 22, 2022 — EX-Fusion, a startup aimed at commercializing laser-based fusion energy, closed a pre-seed round funding of ¥130 million ($1 million). The round was led by ANRI, a Tokyo-based venture capital firm, along with Osaka University Venture Capital. The funding enables the company to accelerate development of the continuous target supply system and the laser target tracking system, both of which are fundamental to the commercialization of laser-powered nuclear fusion reactors. EX-Fusion