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Recently Funded|Amount: USD 4.6M|Industry: Renewable Energy Semiconductor Manufacturing

Revolutionizing Clean Energy: TAE Technologies Secures $46 Million in Funding

TAE Technologies, Inc

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201-500 employees employees (Est.)
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TAE Technologies, Inc., a pioneer in the quest for commercial fusion power, is thrilled to announce its recent fundraising success, securing $4.6 million to further advance its innovative energy solutions. Founded in 1998, TAE has made it its mission to develop clean energy technologies with a minimal environmental impact, leading the charge toward a sustainable future. With over 2,300 patents filed globally and a remarkable collection of 1,400 patents granted, the company has established itself as a leading authority in fusion energy, boasting more than $1.2 billion in private capital raised to date. The funding will be instrumental in accelerating the development of TAE's next-generation fusion devices and will bolster efforts in key areas such as power management, energy storage, and electric mobility. As TAE Technologies continues to build and enhance its ambitious portfolio, this latest capital infusion will support the ongoing engineering and scientific breakthroughs necessary for bringing their clean energy solutions to the market. With a dedicated team of over 600 professionals in California and international offices across the UK, EU, and Switzerland, TAE is uniquely positioned to create transformational changes in the global energy landscape. Their commitment to multidisciplinary science and engineering is not just about energy independence, but also about ensuring Earth's future sustainability. This funding marks a significant milestone in TAE's journey towards delivering an energy source that has the potential to power the planet for thousands of years, ushering in a new era of clean, abundant energy for all.
August 8, 2024

Buying Signals & Intent

Our AI suggests TAE Technologies, Inc may be interested in solutions related to:

  • Power management systems
  • Battery energy storage solutions
  • Radiation therapy technologies
  • E-mobility innovations
  • Environmental solutions

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