Reported about 7 hours ago
Chris Sacca's venture capital firm, Lowercarbon Capital, is launching a second fund focused on nuclear fusion technologies. Announced at the SOSV Climate Tech Summit, this fund follows a successful $250 million fund raised in 2022 and aims to support innovators in the field, including notable startups like Commonwealth Fusion Systems. While the cost of developing fusion reactors remains high, supporters believe that a significant breakthrough for commercial viability is on the horizon.
Source: YAHOO