Xcimer Energy: Inertial Fusion Company Raises $100 Million
By Amit Chowdhry ● Jun 4, 2024
Xcimer Energy announced that it had raised $100 million in Series A financing led by Hedosophia, with participation from investors including Breakthrough Energy Ventures, Lowercarbon Capital, Prelude Ventures, Emerson Collective, Gigascale Capital, and Starlight Ventures. Xcimer will use this funding to establish a new facility in Denver, where it will build a prototype laser system, including the world’s largest nonlinear optical pulse compression system, to advance the development of its transformative technology for laser-driven inertial fusion.