What does Realta Fusion do?
Realta Fusion develops a compact, scalable CoSMo fusion energy system designed to deliver industrial heat across various applications including data centers, chemical plants, metal recycling, and remote mining.
How much did they raise?
The company raised $36M in a Series A round, led by Future Ventures with participation from investors such as Mayfield, GSBackers, SiteGround, Avila VC, Khosla Ventures, Wisconsin Alumni Research Foundation, and TitletownTech.
What are their plans for the money?
The funds will be used to advance the physics research of their experimental magnetic mirror fusion device at the University of Wisconsin-Madison and to support the engineering and design of their own prototype CoSMo fusion energy system, potentially revolutionizing commercial fusion energy applications.
What have they achieved so far?
Realta Fusion has already made progress with its experimental fusion device, showcasing a promising pathway to deliver industrial heat and commercial fusion energy through its innovative, modular approach.
