Blue Laser Fusion develops a proprietary laser fusion system that pairs a high-efficiency megajoule pulse-energy laser with a fast repetition rate and a high-gain, aneutronic solid fuel target to achieve commercial fusion. The company positions its technology as a complete clean energy system for providing electrical power to homes, businesses, and electric vehicles. Blue Laser Fusion closed a $37.5M Seed funding round. Backers in the round included SoftBank Corp., Yusaku Maezawa through the Maezawa Fund, Itochu Corporation, JAFCO Group Co., Ltd., SPARX Group Co., Ltd. (Mirai Creation Fund III), and Waseda University Ventures. Founded in 2022 and based in Palo Alto, CA, the company was co-founded by Nobel Laureate Shuji Nakamura, Hiroaki Ohta, and Richard Ogawa. BLF plans to complete its first prototype in 2025 and to demonstrate a commercial-ready fusion reactor by 2030. Blue Laser Fusion is developing a proprietary laser fusion technology using HB11 fuel aimed at accelerating the transition to a carbon-free electrified world. Its laser enables Mega Joule pulse energy with a fast repetition rate to achieve commercial fusion, and the company holds over 200 claims in patent applications. The company recently raised $25M in initial Seed funding to support R&D and prototype development. Founded in 2022 by Shuji Nakamura (President and CEO), Hiroaki Ohta, and Richard Ogawa, the company is based in California. Blue Laser Fusion intends to use the funds to expand R&D operations in the Santa Barbara area and Tokyo to develop its prototype commercial reactor. It plans to complete its first prototype in 2025 and to demonstrate a commercial-ready fusion reactor by 2030. The company aims to create a complete clean energy system to supply electric power to homes, businesses and electric vehicles.

Total raised

$63M

Funding rounds

2

Latest round

Seed

Latest activity

Mar 2024