First Light Fusion is a prominent player in the field of inertial fusion energy (IFE). The company, founded in 2011 and headquartered in the United Kingdom, aims to achieve fusion power through the simplest means possible. Known for its lean and agile approach, First Light Fusion collaborates closely with the academic community, leveraging its roots at the University of Oxford, from which it emerged as a spin-off. The recent $45.00M Series C investment on 14 February 2022 underscores the company's financial robustness, with notable investors including IP Group, Hostplus, Oxford Science Enterprises, Braavos Investment Advisers, and Tencent. With a focus on energy generation, particularly within the domains of Renewable Energy and Energy Efficiency, First Light Fusion is positioned as a key player in the pursuit of sustainable and innovative energy solutions.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $45.00M | 5 | Tencent | 14 Feb 2022 |
Secondary Market | Unknown | 1 | 11 Jun 2021 | |
Venture Round | $25.00M | - | 23 Dec 2020 | |
Venture Round | Unknown | 1 | 17 Nov 2017 | |
Venture Round | £22.70M | 1 | 17 Aug 2015 |