Avalanche Energy has filed a notice of an exempt offering of securities to raise $40,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Avalanche Energy is raising $40,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Robin Langtry played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Avalanche Energy
Avalanche is a VC-backed, fusion energy start-up based in Seattle, WA. We are designing, testing and building micro-fusion reactors that you can hold in your hand. Our modular reactor design can be stacked for endless power applications and unprecedented energy density to provide clean energy and decarbonize the planet. Our unique approach enables rapid iterations of design, build, test, fix cycles for faster development and the rapid scalability that the planet needs. The best way to deliver revolutionary products is to build it quickly, iterate often, and test the hell out of it. We celebrate quick decision making to get real hardware into real tests as fast as possible.
To learn more about Avalanche Energy, visit http://www.avalanche.energy/
Contact:
Robin Langtry, Chief Executive Officer
206-817-7521
https://www.linkedin.com/in/robin-langtry-94899195/
SOURCE: http://www.intelligence360.io
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