Blue Laser Fusion raised $37.5M in a seed funding round led by SoftBank Corp., Yusaku Maezawa, and Itochu Corporation to develop novel laser fusion technology for clean energy.
Amount Raised
$37.5 Million
Round Type
Seed
Palo AltoManufacturingEnergyRenewable EnergyInvestors
Description
Blue Laser Fusion Inc., a Palo Alto, CA-based inertial fusion company, closed its $37.5m Seed funding round, backed by SoftBank Corp., Yusaku Maezawa through the Maezawa Fund, Itochu Corporation, JAFCO Group Co., Ltd., SPARX Group Co., Ltd (Mirai Creation Fund III), and Waseda University Ventures. The company, founded in 2022, has developed proprietary novel laser fusion technology capable of achieving fusion for energy generation for power grids. Blue Laser Fusion plans to complete its first prototype in 2025 and demonstrate a commercial-ready fusion reactor by 2030.
Quick answer
Blue Laser Fusion raised $37.5 Million in a Seed round, dated March 20, 2024. Investors: Waseda University Ventures, Sparx Group Co., Ltd (Mirai Creation Fund Iii), Jafco Group Co., Ltd., Itochu Corporation, Yusaku Maezawa and Soft Bank Corp. Blue Laser Fusion is based in Palo Alto, California, United States.
- How much did Blue Laser Fusion raise?
- Blue Laser Fusion raised $37.5 Million in a Seed round on March 20, 2024.
- Who invested in Blue Laser Fusion?
- Waseda University Ventures, Sparx Group Co., Ltd (Mirai Creation Fund Iii), Jafco Group Co., Ltd., Itochu Corporation, Yusaku Maezawa and Soft Bank Corp. are named as investors in this round.
- What does Blue Laser Fusion do?
- Blue Laser Fusion is a technology company with novel laser fusion technology.
- Where is Blue Laser Fusion based and how big is it?
- Blue Laser Fusion is based in Palo Alto, California, United States.
- Who are the decision-makers at Blue Laser Fusion?
- Fundz holds 1 contact at Blue Laser Fusion. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Blue Laser Fusion that raised within 45 days of this round, from Fundz verified event records.
- PointO raised $812K (Seed) on April 30, 2024.
- Lucid Group raised $1B (Funding Round) on March 25, 2024.
- Pure Lithium Corp raised $15M (Series A) on March 15, 2024.
- Sunfire raised $541M (Series E) on March 5, 2024.
- Pure Lithium Corp raised $20M on March 1, 2024.
- Heat Geek raised $5.1M (Seed) on February 29, 2024.
Who to call at Blue Laser Fusion, and when
A new round usually means Blue Laser Fusion is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Blue Laser Fusion raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Blue Laser Fusion, from your own LinkedIn network
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Related People
Blue Laser Fusion raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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