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Marathon Fusion Closes $5.9M Seed Round

2024-07-18
SAN FRANCISCO, CA, Marathon Fusion, a startup developing fuel processing technology for the fusion industry, announced today a fundraise.
The round was led by 1517 Fund and Anglo American, with participation from Ã'bermorgen Ventures, Shared Future Fund, Malcolm Handley and other leading investors. Alongside a CREATE award from the Department of Energy's ARPA-E, these investments bring Marathon Fusion's total funding to $6.9M.

Marathon Fusion began operations in 2023 to develop high-efficiency fuel systems to accelerate the deployment and improve the economics of fusion power plants. Marathon's technology is designed to enable the rapid, continuous, and high-throughput recycling of fusion fuel.
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