Kyoto Fusioneering secures US$ 79 M in series C Funding Round
We are thrilled to announce that we have successfully raised 10.5 billion yen (US$79 million) in an oversubscribed Series C funding round. Led by existing investor, JIC Venture Growth Investments, Inc., the round welcomed a total of 17 investors, including 11 new supporters. This latest capital infusion brings our total funds raised to 12.2 billion yen (US$ 91 million).
KF U.S. delegation visited the U.S. Department of Energy’s Princeton Plasma Physics Laboratory
Vice President, Kiyoshi Seko and Head of KF U.S. Bibake Uppal had the opportunity to visit the Princeton Plasma Physics Laboratory in the U.S.
KF´s delegation got a firsthand look at the advanced experiments, including the National Spherical Torus Experiment-Upgrade (NSTX-U). The spherical device (NSTX-U) is shaped more like a cored apple and can produce high-pressure plasmas — essential ingredients for fusion reactions — with relatively low and cost-effective magnetic fields.
KF attended the 44th Annual Tritium Focus Group Meeting at the Canadian Nuclear Laboratories
The 44th Annual Tritium Focus Group (TFG) Meeting is a standing US Department of Energy Working Group, that has met twice annually for over 20 years – bringing scientists and engineers together to share research in tritium science and technology. KF´s technical team and business team participated in the event to share their latest research findings and gain insights, deepen the collaboration and connections with CNL and forge new ones during the event.
Gain valuable insights from our Chief Innovator on advancement shaping fusion energy
Listen to our Chief Innovator Richard Pearson on the Gener8 podcast with Veriten, where he tries to give a sense of the progress in fusion energy, and discusses in particular the challenges on the road ahead: "Plasma behaviour & control, finding suitable materials, enabling technologies in the plant, systems integration - overarching all of these needs to be a general philosophy, ethos that we need to design for fusion commercialisation."
Get inspired by the success story of our Engineer Miki Nishimura featured in Women in Fusion Fusion Energy Insights
Read about Miki´s role as an interface between plasma experts and fusion plant engineering.
BEHIND THE FUSION SCENE with Masatsugu Sakaguchi
Discover an insider´s perspective from our Gyrotron Business Developer exclusive interview
"I want to contribute to the revitalisation of the Japanese manufacturing industry through the industrialisation of fusion energy"- said our Business Development Manager, Masatsugu Sakaguchi, in the last Behind the fusion scene Series. Masatsugu shares his international business experience and his responsibilities for the Gyrotron Business.
Fusion Industry News
- JP nuclear fusion firm powers up with $79m raise (techinasia.com)
- What’s getting funded in climate tech: Managing ESG data, supplying fusion startups and removing carbon | TechCrunch
- Japan’s Fusion Energy Innovation Strategy (fusionenergyinsights.com)
- Kyoto Fusioneering has been selected for the "Microsoft for Startups Founders Hub" startup support program | NEWS | KYOTOFUSIONEERING
- 令和5年6月8日 総合科学技術・イノベーション会議 | 総理の一日 | 首相官邸ホームページ (kantei.go.jp)
- Listen to Assystem´s Webinar with experts from across the fusion sector – government, developers, supply chain and industry, academia and energy sector professionals – to explore the next steps for UK fusion energy.
- DOE Announces $46 Million for Commercial Fusion Energy Development | Department of Energy
- General Atomics and Tokamak Energy Announce Collaboration Regarding High Temperature Superconducting Magnet Technologies | General Atomics
- German start-up wins initial funding for revolutionary fusion energy machine | Financial Times (ft.com)
- UKAEA’s STEP team will be holding its next community event at the @TrinityArtsGain Gainsborough on Wednesday 14 June from 3pm to 7pm Gainsborough on Wednesday 14 June, from 3pm to 7pm.
