LFEX

Japan's first laser nuclear fusion company, EX-Fusion raises 130 million JPY in pre-seed round paving way for the development of critical components needed for commercialization of nuclear fusion

Retrieved on: 
Monday, April 18, 2022
Ignition, Carbon, Laser, Chapter Six, Research, National Ignition Facility, Nuclear fusion, Hertz, Neutron, ESG, LFEX, Toyota, Publishing, Efficiency, Hydrogen, Graduate school, GEKKO XII, Technology, Electricity, Temperature, DARPA, University of California, San Diego, Osaka University, Lawrence Livermore National Laboratory, IOP Publishing, NIF, Creation, GPI, ILE, CTSS, Hope, Tritium, University, Deuterium, Institute, Geiger–Nuttall law, Hamamatsu Photonics, Lithium, 3D printing

OSAKA, Japan, April 18, 2022 /PRNewswire/ -- EX-Fusion Inc., the first startup in Japan aimed at commercializing laser based fusion energy, announced on March 31, 2022 that it has closed a pre-seed round funding of 130 million Japanese yen. The pre-seed round was led by ANRI, a Tokyo based venture capital firm, along with Osaka University Venture Capital (OUVC) and was the first company funded within ANRI's latest ESG specific fund.

Key Points: 
  • "We believe that nuclear fusion is the solution for meeting our global energy needs and helping the world reach carbon neutrality by 2050," said Matsuo.
  • "And by focusing our research and development around the fundamental technology related to commercial operation of laser-based nuclear fusion, we can achieve safe and affordable clean energy faster.
  • EX-Fusion is a Japan-based private company aiming to develop the first commercial laser based nuclear fusion reactor for power generation.
  • Our company was established to consolidate the knowledge of laser fusion that has been cultivated in Japan and to realize a commercial laser fusion reactor.

Japan's first laser nuclear fusion company, EX-Fusion raises 130 million JPY in pre-seed round, paving way for the development of critical components needed for commercialization of nuclear fusion

Retrieved on: 
Monday, April 18, 2022
Ignition, Carbon, Laser, Research, National Ignition Facility, Nuclear fusion, Hertz, Neutron, ESG, LFEX, Toyota, Efficiency, Hydrogen, Graduate school, GEKKO XII, Technology, Electricity, Temperature, DARPA, University of California, San Diego, Osaka University, Lawrence Livermore National Laboratory, NIF, Creation, GPI, ILE, Hope, CTSS, Tritium, Multimedia, University, Deuterium, Institute, Hamamatsu Photonics, Lithium, 3D printing

OSAKA, Japan, April 18, 2022 /PRNewswire/ -- EX-Fusion Inc., the first startup in Japan aimed at commercializing laser based fusion energy, announced on March 31, 2022 that it has closed a pre-seed round funding of 130 million Japanese yen. The pre-seed round was led by ANRI, a Tokyo based venture capital firm, along with Osaka University Venture Capital (OUVC) and was the first company funded within ANRI's latest ESG specific fund.

Key Points: 
  • "We believe that nuclear fusion is the solution for meeting our global energy needs and helping the world reach carbon neutrality by 2050," said Matsuo.
  • EX-Fusion is a Japan-based private company aiming to develop the first commercial laser based nuclear fusion reactor for power generation.
  • Our company was established to consolidate the knowledge of laser fusion that has been cultivated in Japan and to realize a commercial laser fusion reactor.
  • Fusion.