Sci-Tech: Helion Energy obtains investment funding

In a recent post I discussed Helion Energy, a spin-off company from John Slough‘s plasma physics group at the University of Washington, that is developing a nuclear fusion power system. They are aiming to have a commercial 50MW reactor in six years. 

Today comes word that they have raised $1.5M from Mithril Capital Management and Y Combinator venture capital firms:  More Valley investors are funding nuclear energy tech — Tech News and Analysis.

They apparently need a few tens of millions to get to a reactor but this is a start. Interesting that VC firms are willing to take a risk on such a project.