Marvel Fusion raises €62.8M Series B round

26 September 2024· Munich, Germany· energy, fusion, ai, materials, b2b, deep_hardware

The capital will be used to ramp up technology development for a commercial fusion power plant, expand production capacity for nanostructured fuel targets, and demonstrate the technology at facilities like Colorado State University.

Investors

LeadHV Capital
Also participating
Earlybird Venture CapitalBayern Kapitalb2venturePrimepulseTengelmann VenturesDeutsche TelekomPlural PlatformSprindAthos Venture

About Marvel Fusion

Stage
Series B
Headquarters
Munich, Germany
Founded
2019
Team Size
51–200
Sectors
energyfusionaimaterialsb2bdeep_hardware

Source: https://marvelfusion.com/marvel-fusion-raises-more-than-eur-60-million-series-b-to-reach-full-proof-of-technology/