Focused Energy Raised $15M to Pursue Commercial Fusion Energy Production

Focused Energy, is dedicated to developing fusion as a means of generating clean alternative energy. This laser fusion startup raised $15M in seed funding. The funding was led by Prime Movers Lab with additional investment from Alex Rodriguez, Marc Lore, and Tony Florence.

 

Focused Energy is developing a method to achieve efficient, controlled fusion energy by utilizing high-power laser beams to drive a fusion reaction. This technique is known as inertial fusion energy ("IFE"). IFE could make large-scale production of clean energy possible.


In this method, high energy pulsed lasers and ultrafast petawatt lasers are combined. Some lasers compress the fusion fuel and then the short pulse, intense petawatt lasers spark the compressed fusion to ignite it. This process will yield a burst of energy that is ~100X greater than the energy put in by the lasers, creating a large surplus of clean, climate-friendly energy for commercial use.


Clean energy production, has been promoted in recent years, with the development of alternative, carbon-free approaches to conventional energy production shifting into public focus. There is an increase in investments in this sector point to the steady growth of the industry.


To take the next step towards the vision of commercialization of clean energy, the advanced ignition approach of Focused Energy will now build on NIF's recent significant progress.

Further, the company will build a high repetition-rate laser test facility within the next 4 years to define the layout for the construction of the future ignition facility and ultimately for a prototype power plant that would be built at the beginning of the next decade.


"We are delighted to announce the seed fund with the backing of such great investors. We are now able to take a major step forward in our mission to develop laser-driven fusion energy and commission the first experimental facility to test our integrated fusion concept, which we hope to build in the next four years," said Thomas Forner, CEO of Focused Energy.