Novatron Fusion Group at The Business Booster - The New Green Economy
Novatron Fusion Group will participate in EIT InnoEnergy’s annual two-day international networking event, The Business Booster, which showcases 150+ sustainable energy technologies under one roof. This year the topic is ‘The new Green Economy: balancing profit and purpose’.
“The Business Booster is the world’s leading event in sustainable energy innovation, and as such a very important event for us to participate in and to meet other innovative companies, listen and learn, and pitch the NOVATRON concept to key stakeholders. I look forward to the break-out session about renewables, energy storage, and batteries raw materials but also sustainable buildings and cities since it all interplays with our goal - infinite clean energy through fusion power,” says Philip von Segebaden.
The world’s energy demand is growing rapidly, and we need to meet it without reliance on fossil fuels. Fusion power has the potential to provide a limitless supply of emissions-free, reliable, safe, and affordable energy for all.
Fusion power would provide a much-needed solution to some of humanity’s greatest challenges: the growing need for energy and accelerating climate change.
However, to drive progress we need to accelerate decarbonization and prove new industrial value chains. Various initiatives and players are making strides to decarbonize industries, like Novatron Fusion Group.
Novatron Fusion Group is currently raising capital for our next Series A round and forming strategic partnerships to advocate global systematic change and acceptance of fusion energy.
“We announced the successful closure of our seed round, raising EUR 5 million at the end of August this year. Our first round was led by Climentum Capital, in syndication with Industrifonden, Santander InnoEnergy Climate Fund, and with renewed investments by KTH Holding and EIT InnoEnergy. But we are growing rapidly together with the global fusion energy industry and we must be ready to invest more, says Philip von Segebaden. That is why The Business Booster is such a great opportunity to meet with investors and partners with potential interest in the fusion space.”
