Tech Company Financing Transactions
Ex-Fusion Funding Round
ANRI, Delight Ventures and Germination Fund joined a $12.9 million Seed capital raise for Ex-Fusion. The round closed on 7/6/2023.
Transaction Overview
Company Name
Announced On
7/6/2023
Transaction Type
Venture Equity
Amount
$12,900,000
Round
Seed
Investors
Proceeds Purpose
The company, which has raised 1.93 billion yen to date, intends to use the funds to accelerate the commercial development of laser fusion technology, and establish its own facility.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Osaka University Techno-alliance Building C806 Yamadaoka 2-8
Osaka, 541-0057
JP
Osaka, 541-0057
JP
Phone
Undisclosed
Website
Email Address
Overview
We at EX-Fusion will build and power the first laser-powered commercial nuclear fusion reactor. Traditionally, research and development around nuclear fusion was categorically sponsored by governments of wealthy countries (Japan included). However, because government backed programs are, by default, funded with taxpayer money, fusion research is often slowed down and is subject to the current administration's priorities and the annual budget.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kazuki Matsuo
Chief Technical Officer
Yoshitaka Mori
Browse more venture capital transactions:
Prev: 7/5/2023: Kinnu venture capital transaction
Next: 7/6/2023: Paperspace venture capital transaction
Share this article
Where The Data Comes From
We record every notable VC transaction. VC investment data records reported here come from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs