Startups

Developer of commercial fusion reactors.

GET THE TOP 10 COMPANIES OF THE WEEK IN YOUR EMAIL, EVERY TUESDAY.

OR DOWNLOAD OUR DATABASE OF 17,000 COMPANIES →

Summary

Seedtable Score

Score icon 34

Locations

Company Size

  • 1 to 10

Last Stage Round

Insights

Novatron, based in Stockholm, aims to revolutionize the energy sector with its focus on developing commercial fusion reactors. The company seeks to provide a nearly limitless and sustainable energy source, positioning itself to significantly reduce fossil fuel dependence and address the limitations of current renewable energies like solar and wind. Backed by investors such as Climentum Capital, Industrifonden, and InnoEnergy, Novatron is well-supported for technological advancement. If successful, its fusion reactors could address environmental concerns and future energy shortages, offering a more reliable alternative to existing solutions. Its B2B model allows it to cater directly to large energy consumers and industries seeking greener alternatives, enhancing its growth potential.

Total Funding
$8.6M

Investors