A fusion startup backed by Jeff Bezos just raised another $65 million, signaling that investors are still betting on this ‘Holy Grail’ technology.

In this era of green, renewable energy and emissions frenzy, maybe the most promising technology to achieve all these in one go is under-estimated due to prejudice and perception. It’s all about perception after all, isn’t it… However the technology and its potential is not overlooked by investors.

A fusion energy startup backed by Jeff Bezos just closed a $65 million funding round, led by the massive Singapore-based investment firm, Temasek.

The company, General Fusion, will use the funds to start building a demonstration power plant to test its fusion technology on a commercially-relevant scale.

Read more here:

https://www.businessinsider.com/bezos-backed-fusion-energy-startup-general-fusion-raises-65-million-2019-12?r=US&IR=T

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