A Wisconsin-based firm, developing magnetic mirror fusion energy generators, got a funding boost.
Realta Fusion has received the funding from TitletownTech, a venture capital firm formed by Microsoft and the Green Bay Packers.
The company is developing modular, compact, magnetic mirror fusion energy generators to power AI-driven infrastructure and other industrial applications, according to reports. Although, TitletownTech didn’t specify the amount it invested in Realta Fusion.
Innovative approach to fusion energy
Fusion offers a clean and sustainable energy source to reduce emissions from “hard-to-decarbonize” industrial processes. Clean energy is the need of today’s era as 37 billion metric tons is the amount of carbon dioxide (CO2) released annually into the atmosphere from energy combustion (including flaring) and industrial processes, accelerating climate change.