Xcimer Energy, Inc.

Based in Colorado, US, and co-founded by Conner Galloway (CEO) and Alexander Valys (President)in 2022, Xcimer Energy, Inc. formerly known as V W G Inc. , operates as a renewable energy company specializing in inertial fusion energy solutions. In May 2024, the firm raised USD 100 million in series A funding led by investor Hedosophia, with participation from other investors Breakthrough Energy Ventures, Emerson Collective, Lowercarbon Capital, Gigascale Capital, Prelude Ventures, and Starlight Ventures.

The firm as of June 2024, has offices in Denver and Redwood City, California, and partnerships with prominent national laboratories and universities. The company engages in the commercialization of inertial fusion energy (IFE) by harnessing and advancing the science of energy laser systems, to provide a clean, limitless energy source. Xcimer's IFE, uses high-energy lasers to compress and ignite fusion fuel capsules, resulting in controlled energy releases. Xcimer's product portfolio includes advanced laser systems, fuel capsules, and specialized energy conversion chambers.

The company’s offerings are designed to provide safe, reliable, and carbon-free energy, addressing both scalability and economic challenges associated with fusion technology. The company plans to utilize the May 2024 funding to expand the team, build a prototype system, establish a new facility in Denver, and advance the development of its nonlinear optical pulse compression system for laser-driven inertial fusion. Further, Xcimer plans to establish the first commercial laser fusion power plant by the mid-2030s.