Realta Fusion Lights Up With $9M Seed For Industrial Heat Led By Khosla Ventures
05/31/23, 7:09 PM
Location
Money raised
$9 million
Industry
energy
Round Type
seed
Fusion power is often said to harness the power of the sun, so why are we just trying to make electricity with it?
Company Info
Location
madison, wisconsin, united states
Additional Info
Realta Fusion is an early-stage spin-out from the University of Wisconsin-Madison developing the lowest capital and least complex path to commercially competitive fusion energy. We are applying advances in super-conducting materials, plasma physics, and computing power to a simple linear fusion reactor configuration. These advances allow for a much lower capex power plant, utilizing abundant fuel sources to provide a new, zero-carbon source of heat and power.