Overview
- The round was led by R.A. Capital Management with participation from 8090 Industries, Congruent Ventures, Founders Fund, Lowercarbon Capital, Overlay Capital, and Toyota Ventures.
- Most of the funding is earmarked for FusionWERX in Richland, Washington, which is supported by a $10 million state matching grant and is expected to open next year.
- The facility is pursuing a broad-scope radioactive materials license to handle tritium by 2027, positioning Avalanche to run a deuterium–tritium Q>1 program.
- Avalanche reports recent engineering milestones, including stable plasma operation, a 300 kV high-voltage record for its approach, and testing of compact prototypes nicknamed Jyn and Lando.
- The company is developing compact, modular fusion systems aimed at high power‑density use in space and defense, using rapid iteration and offering FusionWERX as a shared testing site.