Pacific Fusion Secures $900M+ Series A for Innovative Nuclear Fusion Approach

• General Catalyst leads a $900M+ Series A for Pacific Fusion, aiming to advance nuclear fusion through a pulsed magnetic approach.
• The investment is part of General Catalyst's long-term commitment to identifying clean, secure, and affordable energy sources.
• Pacific Fusion's team includes accomplished contributors to global science like Eric Lander, Will Regan, and Keith LeChien.
• The funding structure is milestone-based, with the entire capital committed upfront but only unlocked as the company achieves pre-defined milestones.
• This investment is a part of General Catalyst's ambition to Venture Beyond, expanding possibilities in advanced technologies.

Source: General Catalyst