Tech Company Financing Transactions
Avalanche Energy Funding Round
Avalanche Energy closed a $40 million Series A funding round on 4/24/2023. Investors included Lowercarbon Capital, Autodesk and Climate Capital.
Transaction Overview
Company Name
Announced On
4/24/2023
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to continue its accelerated work to test, develop and optimize its high-voltage orbitron prototypes, in addition to miniaturizing components critical to delivering a stand-alone, micro fusion reactor.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
28 Dane Street
Seattle, WA 02143
USA
Seattle, WA 02143
USA
Phone
Undisclosed
Website
Email Address
Overview
Avalanche is a VC-backed, fusion energy start-up based in Seattle, WA. We are designing, testing and building micro-fusion reactors that you can hold in your hand. Our modular reactor design can be stacked for endless power applications and unprecedented energy density to provide clean energy and decarbonize the planet. Our unique approach enables rapid iterations of design, build, test, fix cycles for faster development and the rapid scalability that the planet needs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robin Langtry
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We report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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