Nuclear fusion startup Xcimer raises $100M to chase laser-based power

Xcimer’s series A financing round was led by [Hedosophia](https://www.hedosophia.com/), along with investors including [Breakthrough Energy](https://breakthroughenergy.org/), [Lowercarbon Capital](https://lowercarboncapital.com/), [Prelude Ventures](https://www.preludeventures.com/), [Emerson Collective](https://www.emersoncollective.com/), [Gigascale Capital](https://gigascale.com/), and [Starlight Ventures](https://starlight.vc/). The startup raised a $2.5 million seed round in 2022 and received a [$9 million award](https://www.energy.gov/articles/doe-announces-46-million-commercial-fusion-energy-development) from the U.S. Department of Energy’s Milestone-Based Fusion Development Program.