menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Marvel Fus...
source image

Eu-Startups

3w

read

339

img
dot

Marvel Fusion bags additional €50 million for nuclear fusion and prototype facility

  • Marvel Fusion, a Munich fusion energy company, has raised an additional €50 million in its Series B funding round, reaching a total of €113 million.
  • New investments from EQT Ventures, Siemens Energy Ventures, and the European Innovation Council (EIC) Fund, among others, have contributed to the funding round.
  • The funding will support Marvel Fusion in building the world's first fusion prototype and advancing towards the construction of a commercial fusion power plant by 2036.
  • Siemens Energy is actively involved in Marvel Fusion's development, working on conceptual designs for a fully integrated fusion power plant.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app