TOKYO -- A consortium of public- and private-sector groups in Japan will invest in a startup working to commercialize fusion power, a next-generation energy source. Sixteen companies, including Mitsubishi Corp., Kansai Electric Power Co., and a government-affiliated fund will invest around 10 billion yen ($73.6 million) in the startup born at Kyoto University, Nikkei has learned.
The investment will go to Tokyo-based Kyoto Fusioneering. Founded in 2019 by researchers from Kyoto University, the company is the most successful startup in Japan working with fusion-related technology.
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
