Tag: fusion power
The case for funding fusion
Albert Wenger Contributor Digital technologies have disrupted the structure of markets with unprecedented breadth and scale. Today, there is yet another wave of innovation emerging, and that is the decarbonization of the global economy. While governments still lack the conviction necessary to truly fight the climate crisis, the overall direction…
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Nuclear fusion tech developer General Fusion now has Shopify and Amazon founders backing it
In a brief announcement today, the Canadian nuclear fusion technology developer General Fusion announced that the investment firm created by Shopify founder Tobias Lütke has joined the company’s cap table. The size of the investment made by Lütke’s Thistledown Capital was not disclosed, but with the addition, General Fusion has…
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With $84 million in new cash, Commonwealth Fusion is on track for a demonstration fusion reactor by 2025
Commonwealth Fusion Systems closed on its latest $84 million in new funding two weeks ago. The U.S. was still very much in the lockdown phase and getting a deal done, especially a multi-million dollar investment in a new technology aiming to make commercial nuclear fusion a reality after decades of…
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