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What will be Xcimer's market valuation by end of 2025?
5
Xcimer•Hedosophia•Breakthrough Energy•Lowercarbon Capital•Prelude•Emerson Collective•Gigascale Capital•Starlight Ventures•TechCrunch
Resolution / Starting Odds
Less than $500M • 33%
$500M to $1B • 33%
More than $1B • 33%
Public announcements by Xcimer or financial news outlets
Story
Xcimer Raises $100M in Series A Led by Hedosophia to Advance Fusion Power Technology
Jun 4, 2024, 12:29 PM
Xcimer, a two-year-old startup, has raised $100 million in Series A funding to advance its innovative approach to nuclear fusion power. The financing round was led by Hedosophia, along with Breakthrough Energy, Lowercarbon Capital, Prelude, Emerson Collective, Gigascale Capital, and Starlight Ventures. Xcimer's technology, highlighted by TechCrunch, involves using lasers to shoot fuel pellets inside a waterfall of molten salt, aiming to make fusion power commercially viable. The company plans to build a demo-scale plant within a decade, marking a significant step towards achieving commercially viable fusion energy. Xcimer's inertial confinement, laser-based systems represent a breakthrough in the field.
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Under $30 billion • 25%
$30 billion to $50 billion • 25%
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Above $10 billion • 33%
$5 billion to $10 billion • 33%
Below $5 billion • 34%