Nvidia, Google, and Bill Gates help Commonwealth Fusion Systems raise $863M
Commonwealth Fusion Systems has raised nearly $3 billion to commercialize its fusion power plant. It hopes to send electricity to the grid in the early 2030s.
Terra CO2 cements $124M Series B to slash concrete’s carbon footprint
The startup said that it’ll be using the new funding to build a massive facility near Dallas capable of pumping out 240,000 tons of its supplementary cementitious material (SCM) annually.
Tesla alum’s Heron Power closes $38M Series A to transform key grid technology
Heron Power is developing solid-state transformers, which promise to be more compact and responsive than the century-old analog models.