Xcimer Raises $100 Million to Put Inertial Fusion Energy on Path to Commercialization
Series A round will enable Xcimer to expand its team and build a prototype system to demonstrate the viability of its low-cost, high-energy laser approach DENVER – June 4, 2024 – Xcimer Energy Inc. today announced that it has raised $100 million in Series A financing led by Hedosophia, with participation from investors including Breakthrough Energy Ventures, Lowercarbon Capital, Prelude Ventures, Emerson Collective, Gigascale Capital and Starlight Ventures. Xcimer will use this financing to establish a new facility in Denver,