A Q+A With Tommy Hendrix, Managing Partner at Decisive Point
Critical technology development in the US is riding high, but that doesn’t come without challenges. Selling to the government is no easy feat. Tommy Hendrix founded Decisive Point in 2018 to help solve that problem by making strategic investments into defense, energy, and infrastructure startups building critical tech. The firm helps startups navigate regulatory pathways […]
A Q+A With Simon Irish, CEO of Terrestrial Energy
As the advanced nuclear sector gets closer to commercialization, firms are eyeing the public markets for access to capital and to take advantage of public excitement for a potential new, clean, safe energy source. Terrestrial Energy is the latest nuclear firm to finalize plans to go public. The molten salt reactor company announced in March […]
A Q+A With Mark Thomas, CEO of First Light Fusion
First Light Fusion is going through changes. Until recently, the fusion developer planned to build a fusion plant of its own, but a few weeks ago announced it would take a different tack. Instead of pursuing a commercial fusion machine, First Light will commercialize its amplifier technology to support the burgeoning fusion sector. “If the […]
A Q+A With Kieran Furlong, CEO of Realta Fusion
The world needs more energy—we think we can all agree on that. That new energy ought to be clean, firm, and abundant. The fusion industry is rising to meet that challenge. Realta Fusion is tackling the problem via the magnetic mirror approach, which—like many fusion concepts—was explored back in the ‘70s before falling off the […]
Commonwealth Fusion Systems Raises $863M Series B Extension
The next biggest round in fusion has officially landed. Commonwealth Fusion Systems has raised a Series B extension round of $863M intended to carry the company through completion of the highly anticipated SPARC tokamak. While the extension falls short of the initial $1.8B Series B from 2021, CFS leadership calls it an up round, raising […]
General Fusion Raises a $22M Pay-to-Play Funding Round
General Fusion has raised a $22M round of funding to keep its doors open after a stretch of financial difficulty. General Fusion has been pursuing fusion power development in Canada since 2002, making it one of the oldest continually operating commercial fusion companies out there. But lately, it’s been having trouble hacking it. The company […]
Aalo Atomics Raises $100M Series B
Data and nuclear power go hand in hand, and Aalo Atomics underlines that fact with the plan for its first microreactor—and a major raise to support it. Aalo Atomics, a company developing an advanced microreactor geared toward data centers, announced this week that it has raised a $100M Series B. That raise, led by Valor […]
Deep Isolation Raises $33M, Announces Merger
The new generation of US nuclear reactors faces a familiar question: What happens to the nuclear waste? Deep Isolation is a Berkeley, CA-based company developing a borehole-based long-term storage solution for spent nuclear fuel and radioactive material. Last week, it announced a $33M round of funding from private investors. “This merger and private placement financing […]