Tech Company Financing Transactions
Focused Energy Funding Round
On 6/22/2023, Focused Energy announced $82 million in Series A investment from Prime Movers Lab, private investors and VCP Capital.
Transaction Overview
Company Name
Announced On
6/22/2023
Transaction Type
Venture Equity
Amount
$82,000,000
Round
Series A
Investors
Proceeds Purpose
The funding enables the company to expand its role as a pioneer and innovation driver in laser-based nuclear fusion. The capital will be used for further research and commercialization of nuclear fusion as a safe, climate-neutral and virtually inexhaustible energy source.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
11525-B Stonehollow Drive, 200
Austin, TX 78758
USA
Austin, TX 78758
USA
Phone
Website
Email Address
Overview
Focused Energy Inc. enables secure energy harvesting from direct laser-driven fusion energy and a completely novel range of non-destructive testing for industry based on the same technology. Our vision is affordable clean energy for mankind within the next 20 years.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Forner
Chief Scientific Officer
Markus Roth
Browse more venture capital transactions:
Prev: 6/22/2023: Criteo venture capital transaction
Next: 6/22/2023: Supercritical venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs