Seattle startup Avalanche Energy is raising new funding to develop its compact fusion energy devices. A new SEC filing reveals a fresh $14.9 million round.
A company spokesperson declined to comment when contacted by GeekWire.
Avalanche and dozens of companies around the world are vying for scientific breakthroughs that would allow them to generate electricity from fusion reactions on a commercially viable scale. The sun and stars are the masters of fusion, smashing together light atoms under high-pressure, super hot conditions to produce energy.