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Novatron

Startups icon Seedtable Score 34 Startups icon Startups

2

Funding Rounds

3

Investors

$8.56m

Money raised

Overview

Novatron, based in Stockholm, aims to revolutionize the energy sector with its focus on developing commercial fusion reactors. The company seeks to provide a nearly limitless and sustainable energy source, positioning itself to significantly reduce fossil fuel dependence and address the limitations of current renewable energies like solar and wind. Backed by investors such as Climentum Capital, Industrifonden, and InnoEnergy, Novatron is well-supported for technological advancement. If successful, its fusion reactors could address environmental concerns and future energy shortages, offering a more reliable alternative to existing solutions. Its B2B model allows it to cater directly to large energy consumers and industries seeking greener alternatives, enhancing its growth potential.

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Investors (3)

InnoEnergy logo InnoEnergy

Climate Tech & Green Tech, FinTech, Crypto & web3, Agritech, Foodtech, ...

Details
Industrifonden logo Industrifonden

Climate Tech & Green Tech, Health Tech, Edtech, FinTech, Agritech, ...

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Funding

Funding series

Funding Series Analysis

The company Novatron has raised a total of $8.56m in funding over 2 rounds.

Key Insights:

  • Unknown: $3.14m
  • Seed: $5.42m
Novatron logo
Novatron Unknown (2022, $3M) $3.14m
Novatron logo
Novatron Seed (2023, $5M) $5.42m