Series A · Climate tech

Avalanche Energy raises $29M Series A

Avalanche Energy raised $29 million in Series A financing announced in February.

Its backers include RA Capital Management, 8090 Industries, Overlay Capital, Congruent Ventures, Founders Fund, Lowercarbon Capital and Toyota Ventures.

The company develops compact, modular fusion machines for energy applications.

Funding history

Series A · This round$29M

Sources

  1. Avalanche Energyprojectstartups.com
  2. prnewswire.com