Start-up Realta Fusion raises $12m
31 May 2023
Realta Fusion, a fusion energy startup, secures $12 million funding for compact magnetic mirror fusion technology. Funding includes $9 million seed investment from Khosla Ventures, $3 million from US Department of Energy, and participation from Wisconsin Alumni Research Foundation. The investment will support team expansion and completion of Break-Even Axisymmetric Mirror (BEAM) physics design, targeting industrial heat and power applications.
Lead investors: Khosla Ventures
Fusion approach: Magnetic Confinement, Magnetic Mirror
Country/Region: USA
Tags: BEAM, Khosla Ventures, Realta Fusion, US Department of Energy (DOE), WHAM, Wisconsin Alumni Research Foundation (WARF)

