Pacific Fusion took the wraps off its latest pulser module prototype on Tuesday, a piece of equipment that allows the company to move ahead with its demonstration fusion power plant. Construction on the fusion power plant is expected to begin this summer.
Results from the shipping container-sized prototype were good enough to unlock another tranche of Pacific Fusion’s Series A round, which exceeds $1 billion, the company exclusively told TechCrunch. The company did not disclose the size of the tranche. Pacific Fusion is among the best-funded fusion startups.