Bennett J. Lee (이진원)’s Post

HB11 Energy is Australia's first nuclear startup. After five years of R&D to test whether its approach works, COO Greg Ainsworth says it's now raising a seed round to develop the tech at scale. Startup seed rounds are typically in the $1 million to $5 million range. “Not in nuclear fusion,” Ainsworth told Daniel Van Boom, days after returning from a trip to Japan and the UAE to speak to potential investors. “We’re raising a few tens of millions, USD.” Experts say nuclear fusion tech is real but that it's still decades away from prime time. It sounds improbable that an Australian startup in such a capital-intensive field could last that long. But while HB11 is after funding now, Ainsworth says it can deliver profits many years before it establishes its first nuclear plant. That's thanks to the laser technology it's developing, which also has applications in medicine, resource exploration and defence. Read the full story 👉 https://lnkd.in/gD2hSmxH

🚀 Thrilled to be at the forefront of the #NuclearFusionRevolution🚀 As your #solutionpartner for #HighVoltageDCPowerSupplies and #CapacitorChargers, #TECHNIXHV stands at the forefront of the Nuclear Fusion landscape by empowering renowned #Laboratory and #Startups ⚡  #Researchanddevelopment #International #TECHNIXHV #Technixteam #dcpowersupply #Engineering #hvdc #dcvoltage #HighVoltagePowerSupply #NuclearInnovation #CustomSolutions

Venture capitalists' appetite for fusion startups has waxed and waned in recent years. For example, the Fusion Industry Association found that while nuclear fusion companies had attracted more.... #39stellarator39 #Approach #climatetechnology #fusión #fusionpower #Leverage #million #nuclear #nuclearfusion #próxima #ProximaFusion #raises

Building a nuclear fusion startup is traditionally a billion-dollar endeavor, requiring massive capital before seeing any return. Francesco A. Volpe is taking a different approach with Renaissance Fusion. Instead of waiting years to generate revenue, they identified an immediate market opportunity: selling their superconductor technology to other industries. The insight came from a key market reality: → There's currently a 2:1 mismatch between supply and demand for high-temperature superconductors → Industries from wind energy to medical imaging need this technology now → Other fusion startups and research labs need it too This dual-track strategy allows them to: → Generate revenue while building toward fusion → Validate their tech with real customers → Fund development without diluting ownership But the most interesting part of their story is how they're handling nuclear energy's perception problem. Instead of just talking about safety, they built it into their core technology: → Developed liquid metal cooling that physically minimizes radioactivity → Made public acceptance a driver of product development → Turned market fears into competitive advantages The result? $30M raised and growing, with their first fusion reactor targeted for the early 2030s. Francesco shares their full GTM journey on the latest episode of Category Visionaries - including how they're making nuclear fusion commercially viable through innovative go-to-market strategies. Listen here: https://lnkd.in/eAdSesqe #DeepTech #Startups #Energy

Uranium prices are soaring as demand for nuclear energy increases Government and business leaders alike are positioning for the 300% growth rate of the nuclear energy industry between now and 2050. Materials, fuel, and supply chain networks in general are becoming an increasingly hot topic Hadron Energy is thrilled to be at the forefront of this growth by bringing various stakeholders together to build the best micro reactor on the market. We are patent pending for our state of the art design! Bloomberg shares a comparison of growth for Uranium in relation to other materials in the figure attached #innovation #energy #nuclear #technology #future #entrepreneurship #startups #venturecapital #sustainability #leanstartups #management #leadership

🚀 Discover the Future of Nuclear Innovation at the binding.energy Conference! Are you prepared to miss out on the next big breakthroughs in nuclear technology? This is your chance to meet the startups that are revolutionizing the industry. 🌟 Why You Can’t Afford to Miss This: • Stay Ahead: Missing out means falling behind as new technologies emerge. • Network with Innovators: Connect with the brightest minds who are driving change. • Understand Investor Perspectives: Learn what investors are looking for in promising startups. 📍 Venue: Eurogress, Aachen 📅 Dates: February 19-20, 2025 Featured Startups: • Focused Energy: Prof. Dr. Markus Roth discusses nuclear fusion with high-power lasers. • Gauss Fusion: Milena Roveda on the commercialization of fusion power plants. • Marvel Fusion: Heike Freund on fusion energy as a CO2-free, safe, and dependable energy source. Join us and be part of the conversation that’s shaping the future. Don’t let this opportunity pass you by! 🔗 Program and participation overview: https://binding.energy/ #binding.energy #Nuclear #Fusion #Fission #Energy #Innovation #Networking

newcleo, the #Italian #nuclear startup, is planning to build 20 mini nukes in #UK!!! They will be powered by #plutonium, and will be built close to energy intensive industries... A good strategy in a world that increasingly gives greater importance to the #GlobalDecarbonization!!!

VC funding for nuclear fusion is on the rise ⚛️ This year already, $1.4B has already been invested in nuclear fusion startups according to Dealroom.co data, led by Pacific Fusion coming out of stealth with a massive $900M Series A. From a European perspective, we have many amazing early-stage companies like Proxima Fusion, Focused Energy Inc., Renaissance Fusion, Marvel Fusion, First Light Fusion, Novatron Fusion Group AB, Tokamak Energy and several others. BUT, they collectively raised $420M in VC funding, less than half of Pacific Fusion single Series A. Overall, Europe is home to a quarter of global VC-backed nuclear fusion startups, but just 6% of the funding! I believe nuclear fusion, like many other deep tech segments, needs scale to succeed. What do you think we need more? More consolidation in effort from startups in Europe or just bolder VC bets? #nuclear #nuclearfusion #europe #startups #vcfunding

It sounds improbable that Australia, a country which has a ban on nuclear power, would be home to a cutting-edge nuclear fusion startup. More improbable still that said startup could survive the 30 years it's expected to take for fusion to go mainstream. But HB11 Energy exists, and has a plan to profit long before its first fusion plant is up and running. The laser technology required to make its fusion approach work is in demand in areas like healthcare, resource discovery and the military. HB11 is now raising a seed funding in the "tens of millions", which it will use among other things to expand and manufacture these lasers. "We have a path to financial return for investors within venture relevant timescales for the first time in fusion," COO Greg Ainsworth said. "But more importantly, we've got all these other groups, powerful groups, who are in their own races and also have deep pockets demanding performance improvement in laser fusion." Obviously, however, catching this nuclear white whale will be immensely difficult. More in my Capital Brief story below: https://lnkd.in/gUMbT2yX

Globally, scientists have been aspiring to achieve this. However, despite years of research, the world hasn’t been able to attain this success at a commercial scale. In India, Anubal Fusion is working in this direction and envisions an India that creates an electricity surplus with nuclear fusion at play. Notably, Anubal Fusion, founded in 2024 by Pravin Kini, claims to be the first Indian startup that is working to develop nuclear fusion technology. As of now, Anubal is fully funded for the simulation phase. However, once the experimental stage begins, it would require at least INR 1,000 Cr of fresh funding. Could this be the future of clean, limitless energy for India—and the world? 🔗To read the in-depth article, click here: https://4-2.co/3CUGiBQ #NuclearFusion #CleanEnergy #AnubalFusion #Innovation