Novatron Fusion Group Closes Seed Round Of Eur 5 Million, Accelerating The Transformation To Commercial Fusion Power
Round Type
Seed
StockholmManufacturingInformation TechnologyBiotechnologyInvestors
Description
The world's energy demand is growing rapidly, and we need to meet it without reliance on fossil fuels. Fusion power has the potential to provide a limitless supply of emissions-free, reliable, safe, and affordable energy for all. Fusion power would provide a much-needed solution to some of humanity's greatest challenges: the growing need for energy and accelerating climate change.
Quick answer
Novatron Fusion Group AB raised an undisclosed amount in a Seed round, dated August 29, 2023. Investors: Eit Inno Energy, Kth Holding, Santander Inno Energy Climate Fund and Climentum Capital. Novatron Fusion Group AB is based in Stockholm, Stockholm County, Sweden.
- How much did Novatron Fusion Group AB raise?
- Novatron Fusion Group AB raised an undisclosed amount in a Seed round on August 29, 2023.
- Who invested in Novatron Fusion Group AB?
- Eit Inno Energy, Kth Holding, Santander Inno Energy Climate Fund and Climentum Capital are named as investors in this round.
- What does Novatron Fusion Group AB do?
- Novatron Fusion Group AB is a Swedish company aiming to revolutionize the field of nuclear fusion for energy production and fast-track the transition to commercial fusion power.
- Where is Novatron Fusion Group AB based and how big is it?
- Novatron Fusion Group AB is based in Stockholm, Stockholm County, Sweden. Fundz records about 43 employees.
- Who are the decision-makers at Novatron Fusion Group AB?
- Fundz holds 1 contact at Novatron Fusion Group AB, including the Executive Officer, Director, Promoter. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing and Biotechnology around the same time
Companies in the same sectors as Novatron Fusion Group AB that raised within 45 days of this round, from Fundz verified event records.
- OCOchem raised $4.6M (Seed) on October 12, 2023.
- Willow Biosciences raised an undisclosed amount (Convertible Note) on October 10, 2023.
- MECAWARE raised $42M (Funding Round) on October 6, 2023.
- Experic raised an undisclosed amount (Series B) on October 5, 2023.
- Endovia Health Sciences, Inc. raised $1.3M (Seed) on October 5, 2023.
- FlexSea raised $2.4M (Seed) on October 4, 2023.
Who to call at Novatron Fusion Group AB, and when
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Related People
Novatron Fusion Group AB 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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