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First Light Fusion raises $25 million - First Light expands into new Oxford premises and is recruiting a further 23 roles - New funding will accelerate pathway to fusion, while enabling First Light Fusion to progress gain experiment planning and reactor development OXFORD, England, Dec. 23, 2020 /PRNewswire/ First Light Fusion, an Oxford-based global leader in researching energy generation via inertial fusion, has raised $25 million from both existing and new investors. The funding round was led by Oxford Sciences Innovation (OSI) and includes IP Group plc and Hostplus. The new funding will enable First Light to add 23 new employees across its science, engineering and simulation departments taking the total team to over 60 and allowing First Light to significantly upgrade computational and experimental resources. First Light will also use the new funding to accelerate other core workstreams, including planning for its prototype gain-scale experiment and further grid-scale react

City ofUnited kingdomGianluca pisanelloLady margaret hallPeter ogdenSteve marinkerJack holdenNick hawkerYiannis ventikosKostenloser wertpapierhandelNicholas hawkerFirst light fusion ltdOxford sciences innovationIp groupUniversity of oxfordPowerscourt group public relations adviser