Novatron Fusion Group AB
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Novatron Fusion Group AB - overview
Established
2022
Location
Stockholm, -, Sweden
Primary Industry
Power & Utilities
About
Based in Sweden, and founded in 2019, Novatron Fusion Group AB operates as a fusion energy research and development firm. In March 2025, Novatron Fusion Group AB raised EUR 10 million in series A funding led by new investor St1 Lähienergia, with participation from other new investors TomEnterprise, Unit E Investments Ltd. and Axon Partners Group. Returning investors Climentum Capital, Santander Asset Management , Granitor Invest AB and Industrifonden also participated in the round.
As of 2022, the company’s CEO is Peter Roos. Novatron Fusion offers Novatron™ fusion reactor, which is a power generation equipment that generates fusion power. Fusion power is a power generation process that generates electricity by using heat from nuclear fusion reactions. The components of the reactor include tokamaks and stellarators.
The company develops a fusion power plant that produces clean energy while reducing greenhouse gas emissions and carbon emissions. The company will use the March 2025 funding to expand operations and its development efforts.
Current Investors
KTH Holding, InnoEnergy, Industrifonden
Primary Industry
Power & Utilities
Sub Industries
Power Plant, Power Generation Equipment & Services, Renewable Energy
Website
www.novatronfusion.com
Verticals
Clean Technology
Company Stage
Series A
Total Amount Raised
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