Marvel Fusion, a Germany-based **Energy** startup, founded in **2019** has recently secured a significant **$62.80M Series B investment on 18 October 2024**. The company's mission, as per their slogan, is "Our mission is to enable humankind to access clean, safe & reliable energy by building a laser-driven fusion power plant." The recent investment came from a consortium of notable entities including **Bayern Kapital, HV Capital, Tenglemann Growth Partners, b2venture, SPRIND - Bundesagentur für Sprunginnovationen, Deutsche Telekom, T Capital**. Marvel Fusion aims to revolutionize the energy sector by developing innovative laser-driven fusion technology, which is a promising solution for sustainable and efficient energy production. With this substantial investment and the support of strategic investors, Marvel Fusion is well-positioned to advance its ambitious goal of providing clean and reliable energy for the future.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | €50.00M | 7 | Siemens Energy Ventures, Colorado State University +1 | 27 Mar 2025 |
Series B | $62.80M | 7 | Deutsche Telekom, T Capital | 18 Oct 2024 |
Grant | €2.50M | 1 | EIC Accelerator | 15 Jul 2024 |
Series A | €35.00M | 10 | Hartmut Neven, Albert Wenger +1 | 03 Feb 2022 |