Focused Energy Raises $82 Million In Funding To Advance Laser-Based Nuclear Fusion
Amount Raised
$82 Million
Round Type
Funding Round
AustinEnergyOil And GasRenewable EnergyInvestors
Description
Focused Energy, a laser-based fusion startup dedicated to developing fusion as a means of generating clean alternative energy, raised an additional $11 million in Series A funding, bringing their total funding to $82 million. The round was led by Prime Movers Lab, and previous investors VCP Capital and Tony Florence joined the round as well.
Quick answer
Focused Energy Inc. raised $82 Million in a Funding Round round, dated June 22, 2023. Investors: Focused Energy, Department Of Energy, Tony Florence, VCP Capital and Prime Movers Lab. Focused Energy Inc. is based in Austin, Texas, United States.
- How much did Focused Energy Inc. raise?
- Focused Energy Inc. raised $82 Million in a Funding Round round on June 22, 2023.
- Who invested in Focused Energy Inc?
- Focused Energy, Department Of Energy, Tony Florence, VCP Capital and Prime Movers Lab are named as investors in this round.
- What does Focused Energy Inc. do?
- Focused Energy is a German American company spun off from the Technical University of Darmstadt in 2021 that will enable safe, clean, and virtually inexhaustible energy production through laser-based nuclear fusion in..
- Where is Focused Energy Inc. based and how big is it?
- Focused Energy Inc. is based in Austin, Texas, United States. Fundz records about 120 employees.
- Who are the decision-makers at Focused Energy Inc?
- Fundz holds 2 contacts at Focused Energy Inc., including the Founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Focused Energy Inc. that raised within 45 days of this round, from Fundz verified event records.
- Dynamic Renewables raised an undisclosed amount (Corporate Round) on July 26, 2023.
- Carbon Recycling International raised an undisclosed amount (Funding Round) on June 27, 2023.
- Zefiro Methane Corp raised $1.3M (Seed) on May 29, 2023.
- FuelCell Energy raised $87M (Funding Round) on May 25, 2023.
- Peak Power raised $35M (Funding Round) on May 18, 2023.
- GlassPoint raised $8M (Series A) on July 31, 2023.
Who to call at Focused Energy Inc., and when
A new round usually means Focused Energy Inc. is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Focused Energy Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Focused Energy Inc., from your own LinkedIn network
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Related People
Focused Energy Inc. 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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