Hephaestus exited stealth after raising $17.2 million led by CiRi Ventures to develop rare-earth-free superconductors and lower-cost fusion power.
- Amount
- $17.2M
- Announced
- 21 October 2026
- Lead
- CiRi Ventures
- Use of funds
- Develop rare-earth-free high-temperature superconductors and lower-cost fusion power.
- Checked
- Announced by the company