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HomeFinTechRenaissance Fusion: Raises €15M in Seed Funding

Renaissance Fusion: Raises €15M in Seed Funding

Renaissance Fusion Raises €15M in Seed Funding

  • Renaissance Fusion, a Grenoble, France-based nuclear fusion tech startup, raised €15m in seed funding
  • The round was led by Lowercarbon Capital, with participation from HCVC, Positron Ventures and Norrsken
  • The company intends to use the funds to expand operations and its R&D efforts to commercialize the technology
  • The company is a startup whose technologies aims to make stellarator fusion energy power plants a reality in the early 2030s
  • The company filed 11 patent families on high temperature superconductors and liquid metals
  • In September 2022, the company conducted the first, reduced-scale liquid metal experiments
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