This makes it Europes most well-funded private fusion energy venture.
Tokamak Energy said the fresh capital will help bolster its commercialisation plans.
The company aims to have its first fusion power plant up and running somewhere in the 2030s.
However, the funds will also go toward growing Tokamaks side hustle, TE Magnetics.
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This is generally regarded as the temperature threshold whereby fusion reactions can become self-sustaining.
Despite huge progress, fusion energy has always seemed to be that 20-years-away technology.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.
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