# Marvel Fusion

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

- Industry: Electronics
- Headquarters: Munich, Germany
- Website: www.marvelfusion.com/
- Total disclosed funding: $162M
- Latest round: Series B (Mar 25, 2025)
- Investors on record: 23

## About

Founded in 2019 and based in Munich, Germany, Marvel Fusion GmbH operates as a developer of laser-driven fusion for clean energy production. In 2019, the company was established by Moritz von der Linden, Dr. Karl-Georg Schlesinger, Dr. Georg Korn, and Dr. Pasha Shabalin, with a pre-seeding investment from BlueYard Capital to commercialize the ides of fusion energy. In March 2025, Marvel Fusion GmbH raised EUR 50 million in series B funding from new investors EQT, Siemens Energy Ventures and European Innovation Council, with participation from returning investors Tengelmann Ventures Management and Bayern Kapital. The company conducts research to develop laser-driven fusion power plant. Nano technology and laser tech is critical tool in the company's research. The company plans to utilize the March 2025 funding for further research and development phase toward industrial deployment.

## Funding rounds

- Series B, Mar 25, 2025, $54M — EQT, Bayern Kapital, Tengelmann Ventures Management, European Innovation Council, Siemens Energy Ventures
- Series B, Jul 22, 2024, $68M — Earlybird, HV Capital, b2venture, Bayern Kapital, Deutsche Telekom, Tengelmann Ventures Management, Athos Capital, Parkshore Holding, Hanseatische Gesellschaft fur Diversificationen m.b.H, SMERLION GmbH, Mau Mau Invest, Primepulse, CopperBeech GmbH, OU Notorious, Rheingold PF Limited, SPRIND
- Series A, Dec 14, 2021, $39M — Earlybird, Athos Capital, Berggruen Holdings, Primepulse SE, Thistledown Capital, Possible Ventures

## Investors

- Earlybird (https://capitalatlas.ai/funds/earlybird) — Series A, Series B
- Athos Capital (https://capitalatlas.ai/funds/athos-capital) — Series A, Series B
- Berggruen Holdings (https://capitalatlas.ai/funds/berggruen-holdings) — Series A
- Primepulse SE — Series A
- Thistledown Capital (https://capitalatlas.ai/funds/thistledown-capital) — Series A
- Possible Ventures — Series A
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series B
- b2venture (https://capitalatlas.ai/funds/b2venture) — Series B
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Series B
- Deutsche Telekom — Series B
- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Series B
- Parkshore Holding — Series B
- Hanseatische Gesellschaft fur Diversificationen m.b.H — Series B
- SMERLION GmbH — Series B
- Mau Mau Invest — Series B
- Primepulse — Series B
- CopperBeech GmbH — Series B
- OU Notorious — Series B
- Rheingold PF Limited — Series B
- SPRIND — Series B
- EQT (https://capitalatlas.ai/funds/eqt) — Series B
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series B
- Siemens Energy Ventures (https://capitalatlas.ai/funds/siemens-energy-ventures) — Series B