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Avalanche

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Year established

2018

Location

WA US

Primary Industry

Power & Utilities

About

Founded in 2018 by Brian Riordan, and based in Washington, US, Avalanche Energy Designs LLC., trading under the name Avalanche operates as a designer, tester, and developer of micro fusion reactors with the aim to generate clean-tech, carbon-free energy. In April 2023, Avalanche Energy Designs LLC. raised USD 40 million in series A funding led by Lowercarbon Capital with the participation of Founders Fund, Toyota Ventures, Autodesk, MCJ Collective, and Climate Capital Syndicate. The firm designs, builds, tests, and fixes micro nuclear fusion reactors that generate clean and carbon-free energy to power various applications. The firm uses Magnetic Confinement Fusion, Inertial Confinement Fusion, Magnetized Target Fusion, Field-Reversed Configuration, Stellarator, and Orbitron methodology to generate energy. The company plans to use the April 2023 funding to hasten the development and trial of Arbitron prototypes.
Current Investors
Congruent Ventures, PRIME Impact Fund, Lowercarbon Capital

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Primary Industry
Power & Utilities
Sub Industries
Electric Utilities
Website
www.avalanche.energy
Verticals
Clean Technology, Research (Non-Medical)
Company Stage
Series A
Total Amount Raised
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