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TAE Technologies hits fusion milestone, attracting $280m funding

TAE Technologies hits fusion milestone, attracting $280m funding
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Google-backed TAE Technologies raises $280 million from new, existing investors

By Reuters Staff 2 Min Read FILE PHOTO: The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau/File Photo (Corrects to remove inaccurate company descriptor from headline. Also corrects paragraph 3 to say that the company plans to use the funds for further work related to nuclear fusion) (Reuters) - TAE Technologies, a California-based firm building technology to generate power from nuclear fusion, said on Thursday it had raised $280 million from new and existing investors, including Google and New Enterprise Associates. The company, which did not disclose its latest valuation, was valued at $2.6 billion after raising funds in May 2019, according to data platform PitchBook. Including the latest funding, TAE has raised $880 million till date.

United statesNiket nishantVinay dwivediSohini podderThomson reuters trust principlesEnterprise associatesKuwait investment authorityTri alpha energyCharles schwabNew enterpriseKuwait investmentThomson reuters trustஒன்றுபட்டது மாநிலங்களில்நீக்கேத் நிஷாந்த்வினய் டுவிவேடிதாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்

Google-backed nuclear energy firm TAE Technologies raises $280 million

By Reuters Staff 2 Min Read FILE PHOTO: The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau/File Photo (Corrects to remove inaccurate company descriptor from headline. Also corrects paragraph 3 to say that the company plans to use the funds for further work related to nuclear fusion) (Reuters) - TAE Technologies, a California-based firm building technology to generate power from nuclear fusion, said on Thursday it had raised $280 million from new and existing investors, including Google and New Enterprise Associates. The company, which did not disclose its latest valuation, was valued at $2.6 billion after raising funds in May 2019, according to data platform PitchBook. Including the latest funding, TAE has raised $880 million till date.

United statesNiket nishantSohini podderVinay dwivediThomson reuters trust principlesEnterprise associatesKuwait investment authorityTri alpha energyCharles schwabNew enterpriseKuwait investmentThomson reuters trustஒன்றுபட்டது மாநிலங்களில்நீக்கேத் நிஷாந்த்வினய் டுவிவேடிதாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்

Google-backed nuclear energy firm TAE Technologies raises $280 mln

Google-backed nuclear energy firm TAE Technologies raises $280 mln
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United statesNiket nishantSohini podderVinay dwivediEnterprise associatesKuwait investment authorityTri alpha energyCharles schwabNew enterpriseKuwait investmentஒன்றுபட்டது மாநிலங்களில்நீக்கேத் நிஷாந்த்வினய் டுவிவேடிநிறுவன கூட்டாளிகள்குவைத் முதலீடு அதிகாரம்திரி ஆல்பா ஆற்றல்

Google-backed TAE Technologies raises $280 million from new, existing investors

Google-backed TAE Technologies raises $280 million from new, existing investors
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