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Marvel Fusion has secured $70 million in funding to advance its laser-powered fusion technology. The investment, equivalent to EUR 62.8 million, aims to accelerate the development of its fusion power plant, marking a significant step towards sustainable energy solutions. Meanwhile, Zap Energy, a fusion startup based in Everett, Washington, has raised $130 million from notable investors including Soros Fund Management and Laurene Powell Jobs’s Emerson Collective, along with the VC arms of Chevron and Shell. This funding is expected to bolster Zap Energy's efforts in the nuclear fusion sector, which is at a critical juncture in its pursuit of transformative energy solutions.
Scoop! Fusion startup Zap Energy recently raised $130 million from investors, including George Soros’s Soros Fund Management and Laurene Powell Jobs’s Emerson Collective, which are both new to the cap table. https://t.co/8JoCky4AWx
Zap Energy investors in recent $130M round included Soros Fund and Laurene Powell Jobs’ Emerson Collective: https://t.co/myvFitFOMK by TechCrunch #infosec #cybersecurity #technology #news
Everett, Wash.-based fusion startup Zap Energy just landed another $130M, and @tdechant has a list of investors here, including Soros, VC arms of Chevron and Shell, and VC firms overseen by Gates and Laurene Powell Jobs. https://t.co/dlTEftC9ls tip @Techmeme
