Renaissance Fusion raises €32M to radically simplify complex fusion reactors

Fusion power startups have long been stalked by one stubborn question: Will the technology work? But now, with net-positive fusion power no longer the stuff of science fiction, a fresh crop of startups have been founded on more mundane questions: Can reactors be built for less money? How can maintenance be made simpler? The answers could mean the difference between profitability and failure. Francesco Volpe hopes they will be, at least. The founder and CTO of Renaissance Fusion has been studying fusion for decades. He has drawn inspiration from various projects over the years, which have culminated in a unique take on a fusion reactor design that’s attracting the attention of investors. Renaissance raised a €32 million Series A1, the company exclusively told TechCrunch. The round was led by Crédit Mutuel Impact’s Révolution Environnementale et Solidaire fund with participation from Lowercarbon Capital. The startup plans to use those funds to build a demonstrator that should prove th ... Read full article.