TEL AVIV, Israel, Aug. 31, 2023 /PRNewswire/ — nT-Tao, the compact fusion energy company setting a new standard for the future of clean energy, today announced that MITSUI SUMITOMO INSURANCE Venture Capital, the Japanese asset management arm of Mitsui Sumitomo Insurance Company, has joined the Series A funding round in a deferred investment for an undisclosed sum. nT-Tao announced its Series A round in February of this year, closing $22M in funding led by Delek US – a Fortune 500 downstream energy company – Next Gear Ventures and Mayer Cars & Trucks Group, with additional participation from Honda, the Grantham Foundation, the lead investor in the company’s seed round, J-IMPACT, East Innovate (the VC arm of East Alpha) and OurCrowd.
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