Avalanche Energy closes $40m Series A 23 April 2023 Seattle-based startup Avalanche Energy has achieved a significant milestone, operating at 200 kV with its second-generation fusion device, and wrapped up a $40 million venture round. Lowercarbon Capital led the…
Avalanche Energy awarded Defense Innovation Unit contract 17 May 2022 The Defense Innovation Unit awarded Avalanche Energy a $1.3m contract to demonstrate advanced nuclear propulsion and power generation for spacecraft. The goal is to equip small spacecraft with maneuverability in…
Avalanche Energy closes $5.1m Seed round 1 March 2021 Avalanche Energy raised $5.13m in seed funding led by Prime Impact Fund (now Azolla Ventures). Other investors are Congruent Ventures, Lowercarbon Capital, and a group of smaller investors.
