Tech Company Financing Transactions
NT-Tao Funding Round
On 9/1/2023, NT-Tao raised funding from Mitsui Sumitomo Insurance Venture Capital.
Transaction Overview
Company Name
Announced On
9/1/2023
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Mitsui Sumitomo Insurance Venture Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to develop and test its compact fusion reactor, expand its team of physicists, and pursue other regional and global partnerships.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Drech Begen 132
Tel Aviv, 6701101
IL
Tel Aviv, 6701101
IL
Phone
Undisclosed
Website
Email Address
Overview
Our mission at NT-TAO is to revolutionize the global energy sector by providing a clean, flexible, and scalable nuclear fusion technology that will enable the world to sustainably meet its energy needs and decarbonization goals. We are committed to bringing this technology to commercialization, and to making a direct impact on energy security for all future generations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oded Lavie
Chief Technical Officer
Boaz Weinfeld
Browse more venture capital transactions:
Prev: 8/31/2023: Refiberd venture capital transaction
Next: 9/1/2023: Beta Bionics venture capital transaction
Share this article
About Our VC Transactions Data
Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs