($40M in Series A Funding)

Avalanche Energy, a Seattle, WA-based fusion energy startup developing modular fusion micro-reactors, has raised $40M in Series A funding. The round was led by Lowercarbon Capital, with major participation from Founders Fund and Toyota Ventures, as well as Congruent Ventures, Grantham Foundation, Clear Path, Autodesk, MCJ Collective, and the Climate Capital Syndicate.