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Kyoto Fusion Engineering secures a Series D round backed by Minerva Growth Partners, marking Minerva's first investment in deep tech. The funds will enhance R&D and support global hiring.
PRIVATEAug 24, 2026•about 4 hours ago
Round Type
Series D
Kyoto PrefectureManufacturingBiotechnologyEnergy
Investors
Minerva Growth Partners
Description
Kyoto Fusion Engineering has raised a Series D round backed by Minerva Growth Partners, the firm's first investment in the deep tech sector. The funds will support demonstration facilities, expand R&D and manufacturing for plasma heating systems, and fund global hiring. Interest in fusion is rising due to increasing electricity demand and energy security concerns. This investment highlights the pivot toward deep tech, anticipating fusion's growth as a significant market by the 2030s.
Company Information
Company
Kyoto Fusion Engineering
Location
Kyoto Prefecture, Japan
About
Kyoto Fusion Engineering is a Japanese company that specializes in core technologies for fusion energy, including plasma heating, fuel cycles, and blanket and thermal systems. Spun out of fusion research at Kyoto University in 2019, the company provides essential equipment and support to fusion industry players worldwide. It operates testing facilities such as the UNITY-1 test plant in Kumiyama, Kyoto, and collaborates with institutions like Canada’s Nuclear Laboratories and the Oak Ridge National Laboratory. The company aims to facilitate the transition from research to industrialization of fusion energy.
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Kyoto PrefectureManufacturingBiotechnologyEnergy