
Xcimer Energy believes that abundant energy creates a world where anything is possible. From climate change, to national security, to energy justice, fusion will give us the tools we need to address global challenges and lead to a cleaner, safer, more prosperous world for all humanity. Xcimer Energy is developing a system based on laser inertial confinement fusion, which is the only fusion approach that has achieved scientific breakeven. The Xcimer team will leverage this achievement and the significant progress made by the laser fusion community to advance IFE. Xcimer’s mission is to create a better and more equitable world through economically attractive, abundant, and carbon-free fusion energy enabled by a dramatic reduction in laser cost, enabling game-changing simplifications to the design of a laser fusion power plant. Xcimer has assembled a team of experts from U.S. national laboratories, academic institutions, and private industry to work together toward this mission. Abundant and inexpensive fusion power will transform how the world thinks about energy. The scientific, engineering, and manufacturing Xcimer’s plant design enables can spark a broad expansion of the U.S. industrial and workforce base, especially in high-value technologies like electrical power, optics, and precision manufacturing, and present a once-in-a-generation opportunity to ensure the benefits of this expansion flow equitably and inclusively to the entire nation.
Employees: 11-50
Total raised: $100M
Founded date: 2021
Investors 1
Date | Name | Website |
- | Wireframe ... | wireframev... |
Funding Rounds 1
Date | Series | Amount | Investors |
04.06.2024 | Series A | $100M | - |
Mentions in press and media 6
Date | Title | Description |
05.06.2024 | Xcimer Energy: A Bright Spark in the Fusion Industry | Xcimer Energy, a Denver-based inertial fusion company, recently secured $100 million in Series A funding. Led by Hedosophia, this funding round also saw participation from notable investors like Breakthrough Energy Ventures, Lowercarbon Cap... |
04.06.2024 | Xcimer Energy Raises $100M in Series A Funding | Xcimer Energy, a Denver, CO-based inertial fusion company, raised $100M in Series A funding. The round was led by Hedosophia, with participation from investors including Breakthrough Energy Ventures, Lowercarbon Capital, Prelude Ventures, E... |
04.06.2024 | Fusion startup Xcimer raises $100M to build huge laser | figcaption>span]:font-sans"> Fusion startup Xcimer Energy has raised a $100 million Series A round to build a prototype of its laser-driven fusion system. Why it matters: There's growing momentum around nuclear fusion as the tech... |
04.06.2024 | Fusion Startup Xcimer Lands $100M, Boosting Sector’s Lackluster Funding | 2 Shares Email Facebook Twitter LinkedIn Just four days ago, we published a story about how fusion funding had fizzled out in recent quarters, particularly for mega-sized rounds. At the time, I noted that a single big round or two could qui... |
- | Xcimer Energy: Inertial Fusion Company Raises $100 Million | Xcimer Energy announced that it had 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 ... |
- | Accelerating the Deployment of Fusion Energy: Xcimer Energy Inc. Raises $100 Million | Xcimer Energy Inc. has raised $100 million in Series A financing to pursue its vision of developing a source of unlimited, clean, safe and reliable energy. Orrick represented Xcimer, an inertial fusion company that combines novel laser tech... |