TDK Ventures co-leads next round of financing in fusion-innovator Type One Energy
TDK CORP S/ADR (TTDKY)
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Source: PR Newswire
Madison, Wis.-based deep-tech startup Type One Energy is injecting new life into the development of fusion technologies through their innovations in magnetic confinementUsing frontier additive manufacturing and advanced engineering design, Type One Energy is pushing continuous-operation stellarator technology to the next generationTDK Ventures invests in Type One Energy to accelerate a shared vision for a better energy future with fusion leading the way to complete decarbonization, boundless energy reserves, and greater energy affordabilityOther co-leads include Breakthrough Energy Ventures and Doral Energy-Tech VenturesSAN JOSE, Calif., March 28, 2023 /PRNewswire/ -- TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures is co-leading the latest round of financing in fusion-company Type One Energy. Joining them as co-leads are Breakthrough Energy Ventures and Doral Energy-Tech Ventures. This latest round will be used to scale the development and maturation of the st
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