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