Series A · Climate tech

Focused Energy raises $240m Series A for laser-driven fusion

RWE, SPRIND, European Innovation Council Fund and Prime Movers Lab participated in the financing.

Focused Energy raised $240 million in Series A financing on May 27. Participants included RWE, the Federal Agency for Breakthrough Innovation SPRIND, European Innovation Council Fund and Prime Movers Lab. The company develops laser-driven inertial-confinement fusion systems for commercial energy production.

Funding history

Series A · This round$240M

Sources

  1. Focused Energyprojectstartups.com
  2. businesswire.com