# Blue Laser Fusion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blue-laser-fusion

- Industry: Power & Utilities
- Headquarters: Palo Alto, US
- Total disclosed funding: $63M
- Latest round: Seed (Mar 6, 2024)
- Investors on record: 6

## About

Based in California, US, and founded in 2022 by CEO Shuji Nakamura, Blue Laser Fusion Inc. designs and produces laser fusion technology for producing clean energy or electricity. In July 2023, Blue Laser Fusion Inc. raised USD 25 million in seed funding from investors JAFCO Group and SPARX Group.

Blue Laser Fusion Inc. provides laser fusion technology to accelerate the transition to a carbon-free electrified world by utilizing patented HB11 fuel. HB11 is not radioactive, is free from harmful neutrons, yields safe helium elements, and is a naturally abundant mineral. BLF's laser technology enables megajoule pulse energy lasers with high repetition rates to accomplish commercial fusion. The technology develops a comprehensive clean energy infrastructure to provide electric power to residences, commercial buildings, and electric vehicles.

The company plans to use July 2023 funding to expand its research and development operations in Santa Barbara, California, and Tokyo, Japan, and develop a prototype commercial reactor.

## Funding rounds

- Seed, Mar 6, 2024, $38M — JAFCO Group, Itochu, SPARX Group, Maezawa Fund, Softbank, WASEDA University Ventures
- Seed, Jul 27, 2023, $25M — JAFCO Group, SPARX Group

## Investors

- JAFCO Group (https://capitalatlas.ai/funds/jafco-group) — Seed
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Seed
- Itochu — Seed
- Maezawa Fund (https://capitalatlas.ai/funds/maezawa-fund) — Seed
- Softbank — Seed
- WASEDA University Ventures (https://capitalatlas.ai/funds/waseda-university-ventures) — Seed