Fusion power darling Commonwealth Fusion Systems raises another $1B
Commonwealth Fusion Systems raised $1 billion as the startup moves toward its first commercial fusion power plant.
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When will fusion power startup Commonwealth Fusion Systems go public?
There are fresh signs that fusion power startup Commonwealth Fusion Systems will list in the next two to three years.
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Florida plans to build air taxi pads using $200M intended for EV chargers
Florida wants to use federal EV charger funds to build an air taxi network connecting golf courses, luxury apartment buildings, and airports.
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SpaceX won’t remove all of xAI’s unpermitted turbines for another year
SpaceX is building a new power plant for xAI’s Colossus data centers, but it won’t remove existing, unpermitted turbines for many more months.
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Base Power raises another $1B to save the grid using backyard batteries
Base Power’s $1 billion round will help the startup ramp production of its home batteries.
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Climate | Fundraising | Startups | TC
Sequoia’s Shaun Maguire leads $1B round for nuclear startup Valar Atomics
Valar Atomics raised $1 billion at a $6 billion valuation after signing a development deal with Nvidia in June.
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Texas halts new data centers as governor calls for audits
Tech companies and developers have been scouring the U.S. for places to build data centers, and they’ve been drawn to Texas’ loose regulations and seemingly abundant power supply. But even Texas can be pushed to the brink.
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SpaceX has bought $329M worth of Tesla Megapacks so far this year
The purchase illustrates just how interconnected Elon Musk’s universe of companies are.
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Saudi Aramco backs India’s Mitti Labs to make Asia’s rice farming more water-resilient
Mitti Labs plans to expand beyond India and enter the Philippines and Indonesia while growing its carbon credits and agricultural data business.
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Trump EPA wrongly canceled $20B in climate funds, appeals court rules
Climate nonprofits can again access their federal funding more than a year after the Trump EPA ordered Citibank to freeze their accounts.
