TAE Technologies Raises $150 Million in Latest Funding Round

TAE Technologies raised more than $150 million in a new funding round backed by Google, Chevron Technology Ventures, and NEA, bringing the hydrogen-boron fusion developer's total equity capital raised since founding to more than $1.3 billion. TAE said the capital supports its plan to build the world's first commercial hydrogen-boron fusion power plant, a fuel approach the company says produces no long-lived radioactive waste. The round was announced alongside Norm, a new plasma-confinement device TAE developed through its continuing collaboration with Google. TAE Technologies is a Parkway Venture Capital portfolio company.

Read the full article: TAE Technologies' announcement of its $150 million funding round