EX-Fusion closes over-subscribed ¥1.8bn Seed round
5 July 2023
EX-Fusion closed a Y1.8 billion ($11.5 million) seed round to accelerate the commercial development of laser fusion technology, building on their Y130 million ($833,000) pre-seed round. Their focus is on combining high-output, high-repetition lasers, continuous target supply, and advanced optical control technology. Investors included ANRI, Nissay Capital, and others.
Lead investors: ANRI
Fusion approach: Inertial Confinement, Laser Driven Inertial Confinement
Country/Region: Japan
Tags: ANRI, Delight Venture, EX-Fusion, Germination Fund, Mitsubishi UFJ Capital, Mitsui Sumitomo Insurance Capital, Nikon-SBI Innovation Fund, Nissay Capital, Osaka Shoko Shinkin Bank, Shizuoka Capital, SMBC Venture Capital

