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Tokamak Energy

Tokamak Energy secures another INFUSE award

8 August 2024

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U.S. Department of Energy announces $180m for new FIRE fusion initiative

6 June 2024

The U.S. DOE Office of Fusion Energy Sciences is funding FIRE Collaboratives with $180m and has signed agreements with eight companies.

Furukawa Electric invests £10m in Tokamak Energy

18 January 2024

Furukawa Electric Co., Ltd. made a £10 million equity investment in Tokamak Energy Ltd and signed an MOU to strengthen cooperation on developing the spherical tokamak and high-field electromagnets. Furukawa…

Tokamak Energy announces $50m raise

20 November 2023

In November 2023, UK's Tokamak Energy raised an additional $50m in its ongoing Series C round. The funding came from existing investors, including HNWIs and Legal & General Capital, as…

Tokamak Energy secures eighth INFUSE award

3 August 2023

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Sumitomo Corporation signs collaboration agreement with Tokamak Energy

28 July 2023

Sumitomo Corporation partners with Tokamak Energy to develop fusion energy supply chain and commercial power plants. The collaboration aligns with Sumitomo's Energy Innovation Initiative and includes researching Tokamak's technology for…

U.S. Department of Energy announces $46m funding for commercial fusion

31 May 2023

The U.S. Department of Energy has allocated $46 million to eight companies for a fusion pilot plant. This funding, part of the 'Milestone-Based Fusion Development Program', aims to address challenges…

Sabanci Climate Ventures invest in fusion

16 March 2023

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Tokamak Energy secures another INFUSE award

19 January 2023

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U.S. Department of Energy announces $2.3m investment in fusion

17 January 2023

The U.S. Department of Energy allocated $2.3 million to 10 projects through the INFUSE program to address fusion energy development challenges. Seven private companies, including Commonwealth Fusion Systems and General…

Tokamak Energy secures sixth INFUSE award

7 July 2022

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Tokamak Energy to benefit from £734K funding

30 January 2021

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