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Germany’s Marvel Fusion secures €50M to build ‘world’s first’ laser-based fusion power plant

  • Germany's Marvel Fusion has secured €50M in an extended Series B funding round, bringing the total raised capital to €113M.
  • The latest funding includes new investments from EQT Ventures, Siemens Energy Ventures, and the European Innovation Council (EIC) Fund.
  • Marvel Fusion aims to build the world's first laser-based fusion power plant and is advancing its industrial partnership with Siemens Energy.
  • Fusion energy is expected to reduce fossil fuel dependence and provide a competitive, reliable baseload energy source.

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