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Laser-Based Fusion Energy Startup Closes Funding Round: Week in Brief: 04/22/22

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OSAKA, Japan, April 22, 2022 — EX-Fusion, a startup aimed at commercializing laser-based fusion energy, closed a pre-seed round funding of ¥130 million ($1 million). The round was led by ANRI, a Tokyo-based venture capital firm, along with Osaka University Venture Capital. The funding enables the company to accelerate development of the continuous target supply system and the laser target tracking system, both of which are fundamental to the commercialization of laser-powered nuclear fusion reactors. EX-Fusion team photo, left to right: Kenjiro Takahashi, Takayoshi Norimatsu, Kazuki Matsuo, Yoshitaka Mori, and...Read full article

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    Published: April 2022
    Glossary
    fusion
    1. The combination of the effects of two or more stimuli in any given sense to form a single sensation. With respect to vision, the perception of continuous illumination formed by the rapid successive presentation of light flashes at a specified rate. 2. The transition of matter from solid to liquid form. 3. With respect to atomic or nuclear fusion, the combination of atomic nuclei, under extreme heat, to form a heavier nucleus.
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