Pacific Fusion Corp., a startup developing nuclear fusion-based energy, has secured $900 million in funding from General Catalyst and Breakthrough Energy Ventures among others. The investment is contingent on hitting specific milestones, indicating the company’s potential for success. As the VC industry increasingly focuses on clean energy solutions, Pacific Fusion’s achievement positions it near the top of this growing field.
Source: https://www.bloomberg.com/news/articles/2024-10-25/nuclear-startup-pacific-fusion-raises-900-million-in-funding