$29MVenture, 3 February 2026
Funds the private match for a Washington State grant and its FusionWERX test facility.
- Amount
- $29M
- Stage
- Venture
- Announced
- 3 February 2026
- Lead
- RA Capital Management
- Other investors
- Lowercarbon Capital, 8090 Industries, Overlay Capital, Congruent Ventures, Founders Fund, Toyota Ventures
- Use of funds
- Funds the private match for a Washington State grant and its FusionWERX test facility.
- Checked
- Announced by the company
- Sources
- Fusion startup Avalanche Energy secures $29M avalanchefusion.com
Fusion startup Avalanche Energy secures $29M ventureburn.com