Lowercarbon Capital
Facts
- HQ
- San Francisco, CA
- Sectors
- Venture Capital, Climate, Clean Energy
- Founders
- Chris Sacca, Crystal Sacca, Clay Dumas
Avalanche Energy Secures $29M Led by RA Capital to Develop Desktop-Sized Fusion Power and Launch FusionWERX Facility
Seattle's Avalanche Energy raised $29 million led by RA Capital Management to advance fusion power and open FusionWERX, a commercial-scale test facility in Washington. The funding supports developing compact fusion devices for specialized applications, diverging from competitors focusing on large-scale fusion reactors.
Seattle Fusion Startup Avalanche Energy Raises $14.9 Million to Advance Compact Fusion Devices
Seattle startup Avalanche Energy raised $14.9 million in a new funding round to develop compact fusion energy devices and pursue commercial applications. The company already secured $50 million from investors and contracts including a Pentagon deal and a $10 million state grant for a fusion testing facility.
Avalanche Energy Receives $10M Washington State Grant to Build FusionWERX Fusion Energy R&D Site
Avalanche Energy secured a $10 million grant from the Washington State Department of Commerce to build FusionWERX, a commercial-scale fusion energy testing facility in Richland, Washington, aimed at supporting fusion R&D and job creation. The facility will serve universities, companies, and government labs to advance fusion power technologies and the clean energy supply chain.
