nT-Tao expands Series A with funding from Mitsui’s VC arm
31 August 2023
nT-Tao, a compact fusion energy start-up, has secured additional funding from Mitsui Sumitomo Insurance Venture Capital. The exact amount has not been disclosed. This investment expands the Series A funding round, which originally raised $22 million in February. The funds will support the development and testing of nT-Tao's Compact Fusion Reactor, as well as facilitate team expansion and partnership building.
Fusion approach: Magnetic Confinement
Country/Region: Israel
Tags: Delek US, East Innovate, Grantham Foundation, Honda, J-IMPACT, Mayer Cars & Trucks Group, Mistui Sumitomo Insurance Company, Mistui Sumitomo Insurance Venture Capital, Next Gear Ventures, nT-Tao, OurCrowd

