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Venture Capital News: Acceleron Fusion Completes $24M Series A

2024-12-03
CAMBRIDGE, MA, Acceleron Fusion, a pioneer in muon-catalyzed fusion energy, has closed a $24 million Series A funding round.
The round was co-led by Lowercarbon Capital and Collaborative Fund. This funding marks a significant step in advancing a breakthrough fusion technology that could redefine the future of clean energy while enhancing energy security and independence.

Acceleron Fusion is a pioneer in muon-catalyzed fusion technology. The company spun out of NK Labs in 2023 after it was awarded two ARPA-E grants to research muon-catalyzed fusion and develop a more efficient muon source.
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