Twilio Co-Founder’s Fusion Power Startup Raises $450M From Bessemer And Alphabet’s GV
Fusion power startup Inertia Enterprises secures $450M to build grid-scale laser fusion plant by 2030. Backed by Bessemer, GV.
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Twilio Co-Founder’s Fusion Power Startup Raises $450M From Bessemer And Alphabet’s GV
Fusion Power Startup Inertia Raises $450M for Laser Breakthrough Inertia Enterprises has secured $450 million in Series A funding to develop the world's most powerful high-repetition laser system for commercial fusion energy. The startup, co-founded by Twilio CEO Jeff Lawson and key scientists behind Lawrence Livermore National Laboratory's historic breakeven achievement, aims to begin construction on a grid-connected fusion power plant by 2030. This investment represents one of the largest early-stage commitments to laser-driven fusion technology, signaling growing confidence that inertial confinement approaches could deliver clean baseload power within this decade. Credit: Damien Jemison/LLNL The funding round was led by Bessemer Venture Partners with significant participation from Alphabet's GV, Modern Capital, and Threshold Ventures. Unlike many fusion ventures pursuing magnetic confinement or alternative approaches, Inertia is building directly on the only method to achi…