Source: Tech – South China Morning PostChina’s pursuit of commercial nuclear fusion technology has intensified this year, fuelled by a fresh round of financing for start-ups and state-backed initiatives.
Startorus Fusion last week raised 1 billion yuan (US$143 million) from its series A round, a record for a single financing round by a private nuclear fusion company on the mainland, according to a report by the Securities Times.
The deal, announced on January 12, was led by state-owned funds in Shanghai, which contributed around 400…Read More