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Acceleron Fusion raises $24M in seed funding to advance low-temp fusion

December 11, 2024, 3:52PMNuclear News

The Acceleron Fusion team at the High Intensity Proton Accelerator facility at the Paul Scherrer Institute in September 2024. (Photo: Acceleron Fusion)

Cambridge, Mass.–based fusion startup Acceleron Fusion announced that it has closed a $24 million Series A funding round co-led by Lowercarbon Capital and Collaborative Fund. According to Acceleron, the funding will fuel the company’s efforts to advance its low-temperature muon-catalyzed fusion technology.

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Trump Media to merge with fusion startup TAE Technologies in $6B deal

December 19, 2025, 9:31AMNuclear News

Trump Media & Technology Group, the American media and technology company majority owned by President Trump, and California-based fusion company TAE Technologies, announced on Thursday the...

Thea Energy releases preconceptual plans for Helios fusion power plant

December 18, 2025, 9:30AMNuclear News

Fusion technology company Thea Energy announced this week that it has completed the preconceptual design of its fusion power plant, called Helios. According to the company, Helios is “the...

UC awards $8M to help solve fusion energy challenges

November 17, 2025, 9:30AMNuclear News

The University of California, through its Initiative for Fusion Energy, has awarded $8 million in multicampus research grants, in partnership with UC-managed national laboratories, to fund...

Bipartisan bill aims to promote nuclear fusion development

November 6, 2025, 12:02PMNuclear News

Sens. Maria Cantwell (D., Wash.) and John Curtis (R., Utah) have introduced a bill that would enable nuclear fusion energy technologies to have access to the federal advanced manufacturing...

DOE’s latest fusion energy road map aims to bridge known gaps

October 17, 2025, 12:00PMNuclear News

The Department of Energy introduced a Fusion Science & Technology (S&T) Roadmap on October 16 as a national “Build–Innovate–Grow” strategy to develop and commercialize fusion...

Type One Energy, TVA ink LOI in development of fusion power in Tennessee

September 23, 2025, 3:00PMNuclear News

The Tennessee Valley Authority has issued a letter of intent to fusion energy start-up Type One Energy regarding the utility’s interest in the potential deployment of Type One Energy’s...

DOE awards $134M for fusion research and development

September 11, 2025, 2:57PMNuclear News

The Department of Energy announced on Wednesday that it has awarded $134 million in funding for two programs designed to secure U.S. leadership in emerging fusion technologies and innovation....

General Atomics marks completion of ITER’s superconducting fusion magnet

September 4, 2025, 3:03PMNuclear News

General Atomics last week celebrated the completion of the central solenoid modules for the ITER reactor being built in southern France. Designed to demonstrate the scientific and...

Start-up looks to commercialize inertial fusion energy

August 28, 2025, 3:01PMNuclear News

Another start-up hoping to capitalize on progress the Department of Energy’s Lawrence Livermore National Laboratory has made in realizing inertial fusion energy has been launched. On August...

DOE opens Milestone fusion pilot plant program to new companies and teams

June 12, 2025, 12:00PMNuclear News

Eight companies were chosen to develop fusion pilot plant designs through the Department of Energy’s Milestone-Based Fusion Development Program just over two years ago. It wasn’t until...

Acceleron Fusion raises $24M in seed funding to advance low-temp fusion

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