# nT-Tao

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nt-tao

- Industry: Power & Utilities
- Headquarters: Israel
- Website: www.nt-tao.com/
- Total disclosed funding: $22M
- Latest round: Series A (Aug 30, 2023)
- Investors on record: 9

## About

Based in Hod Hasharon, Israel, and founded in 2016 by co-founders Oded Gour-Lavie (CEO), Doron Weinfeld, and Boaz Weinfeld, NT-TAO operates as a nuclear fusion energy company. In August 2023, nT-Tao raised an undisclosed amount of Series A funding from Mitsui Sumitomo Insurance Venture Capital. 

The company through its Super Stabilized Confined Plasma (SSCP) technology-based critical angular momentum plasma stabilizer, is working on the development of a high-density, compact fusion reactor to produce clean energy. The company’s SSCP technology provides ultra-fast heating to work at a density that is 1000 times higher, yielding a fusion reaction that is 1 million times more effective. 

The company plans to utilize its August 2023 funding to support the development of its compact fusion reactor, team expansion, and partnerships.

## Funding rounds

- Series A, Aug 30, 2023 — Mitsui Sumitomo Insurance Venture Capital
- Series A, Feb 1, 2023, $22M — Grantham Foundation, Honda Motor Co., Ltd, OurCrowd, Delek, Next Gear Ventures, Meir Car and Truck Company Ltd., J-Impact, East Innovate

## Investors

- Grantham Foundation — Series A
- Honda Motor Co., Ltd — Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A
- Delek — Series A
- Next Gear Ventures (https://capitalatlas.ai/funds/next-gear-ventures) — Series A
- Meir Car and Truck Company Ltd. — Series A
- J-Impact (https://capitalatlas.ai/funds/j-impact) — Series A
- East Innovate — Series A
- Mitsui Sumitomo Insurance Venture Capital (https://capitalatlas.ai/funds/mitsui-sumitomo-insurance-venture-capital) — Series A