EX-Fusion, an Osaka, Japan-based laser fusion company, raised 1.8 billion yen in Seed funding.
Investors included:
ANRI
Nissay Capital
Delight Ventures
Mitsui Sumitomo Insurance Capital
Nikon-SBI Innovation Fund
Osaka Shoko Shinkin Bank
Mitsubishi UFJ Capital
SMBC Venture Capital
Shizuoka Capital
Kyushin Social Capital
Germination Fund
The company, which has raised 1.93 billion yen to date, intends to use the funds to accelerate the commercial development of laser fusion technology, and establish its own facility.
EX-Fusion is committed to promoting the commercialization of laser fusion in Japan. By combining high-output, high-repetition laser technology, continuous target supply devices, and optical control technology, the company aims to realize the world’s first commercial laser fusion power plant, and contribute to the development of technology in various optical industries, not limited to the energy sector.
FinSMEs
06/07/2023