Acceleron Fusion raises $24M in seed funding to advance low-temp fusion

December 11, 2024, 3:52PMNuclear News
The Acceleron Fusion team at the High Intensity Proton Accelerator facility at the Paul Scherrer Institute in September 2024. (Photo: Acceleron Fusion)

Cambridge, Mass.–based fusion startup Acceleron Fusion announced that it has closed a $24 million Series A funding round co-led by Lowercarbon Capital and Collaborative Fund. According to Acceleron, the funding will fuel the company’s efforts to advance its low-temperature muon-catalyzed fusion technology.