Seed · Climate tech
Cambridge Heavy Industries raises $6.2 million seed for compact fusion systems
Azolla Ventures led the financing for the Massachusetts company’s benchtop fusion technology.
Cambridge Heavy Industries has raised a $6.2 million seed round led by Azolla Ventures, with Overlay Capital, Neta Foundation, P3A Ventures, Massachusetts Clean Energy Center and the Rothrock family participating.
The Cambridge, Massachusetts startup develops small laser-driven fusion systems. Its benchtop design lets the team run frequent experiments and feed the results into simulations that refine the technology.
Led by co-founder and CEO Yun Kai, the company plans to pursue tritium production as an early application before scaling towards larger fusion-power systems.
Use of funds
Develop modular compact fusion technology
Funding history
Seed · This round$6.2M