Tech Company Financing Transactions
NT-Tao Funding Round
NT-Tao, based in Tel Aviv, raised $22 million from Delek US, Nextgear Ventures and Grantham Foundation.
Transaction Overview
Company Name
Announced On
2/1/2023
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to to continue to scale its team, accelerate prototype developments in the pipeline and build its new research facility.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Drech Begen 132
Tel Aviv, 6701101
IL
Tel Aviv, 6701101
IL
Phone
Undisclosed
Website
Email Address
Overview
Our mission at NT-TAO is to revolutionize the global energy sector by providing a clean, flexible, and scalable nuclear fusion technology that will enable the world to sustainably meet its energy needs and decarbonization goals. We are committed to bringing this technology to commercialization, and to making a direct impact on energy security for all future generations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oded Lavie
Chief Technical Officer
Boaz Weinfeld
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