Tech Company Financing Transactions
Novatron Fusion Group Funding Round
Axon Partners Group, Climentum Capital and Industrifonden participated in a $11 million Series A capital raise for Novatron Fusion Group. The financing round was recorded on 3/19/2025.
Transaction Overview
Company Name
Announced On
3/19/2025
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Mission Road 12 Place 167 33 Brake
Stockholm, Undisclosed
ES
Stockholm, Undisclosed
ES
Phone
Undisclosed
Website
Email Address
Overview
Novatron Fusion Group AB is a Swedish company headquartered in Stockholm. Established in 2019, we are commissioning and developing the NOVATRON fusion reactor design -- an innovative solution for stable magnetic plasma confinement. The NOVATRON concept is based on the idea by Swedish inventor and entrepreneur Jan Jäderberg. Theoretically and numerically, it has been demonstrated to minimize problems with plasma instabilities that have obstructed the commercial advancement of fusion energy.
Management Team
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