Some fusion companies might be hitting a rough patch, but Realta Fusion is bucking the trend with a new fundraising round it says will allow it to finalize the design of its Anvil prototype reactor.
“By the end of our Series A investment period, we’ll have said, ‘Hey, we have a design. We’re shovel ready to go and build Anvil,’” Kieran Furlong, co-founder and CEO of Realta, told TechCrunch.
The company hopes to make sufficient progress this year and next so it can pitch investors on a Series B, which would go toward building the Anvil prototype, Furlong said.
Read the full story here: https://techcrunch.com/2025/05/13/realta-fusion-taps-36m-in-fresh-funds-for-its-fusion-in-a-bottle-reactor/