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Venture Capital News: Realta Fusion Launches with $12M in Seed Funding

2023-06-05
MADISON, WI, Realta Fusion, a new startup in fusion energy, announced $12 million in financing.
Realta Fusion, a new startup in fusion energy, announced $12 million in financing to develop compact magnetic mirror fusion technology. The company raised a seed investment of $9 million led by Khosla Ventures and received an award of $3 million from the US Department of Energy's Fusion Development Program. The Wisconsin Alumni Research Foundation (WARF), through which Realta licensed its core technology, also participated in the seed round.
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