Proxima Fusion joins the club of well-funded ...

Glade Brook, Coatue and T. Rowe Price were among the investors that led the share sale. Also, India’s EloElo nabbed $80 million from NBCUniversal to bet on the country’s rising microdrama market. StoryTV has more than 33 million monthly active users according to Sensor Tower figu ...  Show more

-Trajectory is a one-year-old startup is now valued at $300 million. -Evertrue Capital announces $17M debut fund to back early stage AI and fintech. Learn more about your ad choices. Visit podcastchoices.com/adchoices 

Nuclear fusion still has a long road ahead before commercial viability, but optimism — and funding — is on the rise. Surging interest in the technology has recently seen $7.1 billion raised across 50 global fusion startups. Research timelines appear to be accelerating, Steve Pipe ...  Show more

Munich-based Proxima has raised €20 million ($21.7M) in a seed round to begin building its first generation of fusion power plants. Learn more about your ad choices. Visit podcastchoices.com/adchoices 

Nuclear fusion is the reaction that powers stars and scientists say replicating it on Earth could produce all the energy we’ll ever need without the CO2. But no one has yet made a fusion reactor that actually produces more energy than it uses. Fusion researchers say that’ ...