Tag: NT-Tao

[NT-Tao in EE Times] Israeli nuclear fusion startup raises $22M

“The automotive industry recognizes that a compact and scalable fusion energy solution is possible and that once realized it will power everything from cities to buildings to homes to vehicles,” says NT-Tao’s CEO and co-founder Oded Gour-Lavie. Read an interview with NT-Tao’s CEO and co-founder Oded Gour-Lavie...

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[NT-Tao in PR Newswire] NT-Tao raises $22M Series A to ensure a secure, clean energy future with a compact and scalable nuclear fusion solution

TEL AVIV, Israel, Feb. 1, 2023 /PRNewswire/ — NT-Tao, the nuclear fusion energy company setting a new standard for the future of clean energy, today announced that it has raised a $22M Series A round led by Delek US – a Fortune 500 downstream energy company – and NextGear Ventures, with additional participation from Honda, OurCrowd and the Grantham Foundation, the lead investor in the company’s seed round. This new funding will enable NT-Tao to continue to scale its team, accelerate prototype developments in the pipeline and build its new research facility. The latest investment round brings NT-Tao’s total funding to $28M. Read more...

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