Nederlands

Marvel Fusion announces completion of € 50 million B+round funding

119
2025-03-31 15:40:57
Bekijk vertaling

On March 28th, Marvel Fusion, a laser fusion company from Munich, Germany, announced the completion of a B+round financing of 50 million euros, bringing the total amount of this round of financing to 113 million euros. It is reported that the company's cumulative financing has reached 385 million euros, making it the largest fusion company in Europe in terms of financing scale.

 



This capital increase has attracted new investments from EQT Ventures, Siemens Energy Ventures, and the European Innovation Council (EIC) Fund (the latter being the first to invest in nuclear fusion equity), with existing investors Tengelmann Ventures and Bayern Kapital continuing to follow suit.

This round of financing will accelerate the company's transition from the research and development stage to industrial deployment, including:

We are currently collaborating with Colorado State University (CSU) to build a laser facility worth 139 million euros
Deepen strategic cooperation with Siemens Energy and jointly develop conceptual design for fully integrated fusion power plants

Source: Yangtze River Delta Laser Alliance

Gerelateerde aanbevelingen
  • Turn to 4-inch wafers! Dutch Photonics Integrated Circuit Enterprise Announces Production Expansion and Price Reduction

    Recently, SMART Photonics, a Dutch photonic integrated circuit manufacturer, announced a major decision to transfer its entire production capacity from 3-inch wafers to 4-inch silicon substrates, thereby expanding the production scale of photonic chips and significantly reducing chip prices.According to the company, SMART Photonics is one of the first photonic integrated circuit foundries to provi...

    2024-02-03
    Bekijk vertaling
  • Intel: Has acquired most of ASML's NA extreme ultraviolet lithography equipment in the first half of next year

    According to Korean media reports, Intel has acquired most of the high numerical aperture (NA) extreme ultraviolet (EUV) lithography equipment manufactured by ASML in the first half of next year.ASML plans to produce 5 high NA EUV lithography equipment this year, all of which will be supplied to Intel.They stated that ASML has an annual production capacity of approximately 5-6 High Numerical Apert...

    2024-05-21
    Bekijk vertaling
  • Tesla Intelligent Robot Vacuum Laser AI200 has a maximum operating time of 130 minutes

    In most cases, devices that are part of so-called smart homes have become a part of our lives. These appliances have a significant impact on our comfort level and contribute to daily household chores, such as cleaning. There are many products in the market that have paved the way in this regard, but the amount we usually have to pay for them effectively prevents us from purchasing.Of course, we ca...

    2023-11-10
    Bekijk vertaling
  • Dr. Torsten Derr will be appointed as the CEO of SCHOTT Group on January 1, 2025

    November 25, 2024, Mainz, GermanyStarting from January 1, 2025, Dr. Torsten Derr will take over as the CEO of SCHOTT Group.The new CEO of SCHOTT Group previously served as the CEO of SGL Carbon SE.Starting from January 1, 2025, Dr. Torsten Derr will officially assume the position of CEO of SCHOTT Group. SCHOTT Group announced in October 2024 that Dr. Torsten Derr will succeed Dr. Frank Heinrich, w...

    2024-11-27
    Bekijk vertaling
  • Measurement of Fine Structure and Spin Interaction of Quantum Materials through TriVista High Resolution Spectral Measurement System

    backgroundThe Jörg Debus team from the Technical University of Dortmund in Germany is dedicated to researching optical quantum information processing and quantum sensing in materials with potential applications. The team mainly studies the fine structure of materials under light fields, such as quantum dots, quantum effects of two-dimensional materials, semiconductor defects in diamonds, and ...

    2024-03-11
    Bekijk vertaling