New Boost for Fusion Energy

July 22, 2022

A start-up company pursuing commercial fusion energy, TAE Technologies, just hit an operational milestone, and gained $250 million in new funding from some big names in tech and energy. In earlier days, venture capitalists played a key role in getting the company up and running. Ray A. Rothrock was one of them. In Issues, he describes the various ways venture capitalists helped the company—which was then called Tri Alpha Energy—just as they aid countless research-intensive innovators. In addition to cash, for example, they provide what Rothrock calls “the tough love necessary for controlling spending, or keeping it directed toward the agreed objective.”

Related Article

What’s the Big Idea?