Nuclear Startup Fuse Valued at Over $200 Million in New Funding
- Company aims to help government, fusion upstarts test new tech
- Nuclear power has attracted more interest, investment
This article is for subscribers only.
Dreams of nuclear fusion have captured investors’ attention in recent years, spurring a boom in private funding driven by technological breakthroughs, new federal funding and the promise of cheap, abundant energy.
Deep-pocketed optimists like Bill Gates, Jeff Bezos, Peter Thiel and Sam Altman have all channeled resources into nuclear research at different companies. But industry experts say producing commercially viable fusion will require another decade or two of work.