Founded Year

2022

Stage

Series A | Alive

Total Raised

$48M

Last Raised

$36M | 4 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+92 points in the past 30 days

About Realta Fusion

Realta Fusion develops compact fusion systems for industrial heat and power. Its technology provides energy through plasma confinement and heating methods. Realta Fusion serves sectors that require the decarbonization of industrial processes. It was founded in 2022 and is based in Madison, Wisconsin.

Headquarters Location

1200 John Q Hammons Drive Suite 200

Madison, Wisconsin, 53717,

United States

608-821-6500

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ESPs containing Realta Fusion

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Energy Tech

The nuclear fusion developers market develops technologies for commercial fusion energy generation using plasma confinement and compression approaches. Companies in this market create fusion reactors including tokamaks, stellarators, inertial confinement systems, and alternative configurations like field-reversed configurations and Z-pinch devices. These solutions serve utilities, data centers, an…

Realta Fusion named as Challenger among 15 other companies, including SHINE Technologies, Commonwealth Fusion Systems, and Helion Energy.

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Research containing Realta Fusion

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Realta Fusion in 1 CB Insights research brief, most recently on Jul 10, 2025.

Latest Realta Fusion News

Realta Fusion Models Commercially Viable Energy Gain In Magnetic Mirror Power Plant

Aug 12, 2025

New research by Realta Fusion's computational physics team predicts high energy gain and paves the way to solving plasma instabilities long associated with magnetic mirrors Madison, WI /PRNewswire/ - Fusion energy startup Realta Fusion today announced the publication of two papers in the Journal of Plasma Physics that dramatically advance the scientific basis for the magnetic mirror approach to achieving commercially viable fusion energy. These two papers detail recent breakthroughs by Realta Fusion's computational physics team, which has developed a first-of-a-kind software toolkit to predict plasma confinement performance within a magnetic mirror system and further enable the development of compact, scalable, modular – CoSMo fusion™ – energy systems. Modeling Major Energy Gain Breakthrough The first paper , authored by Realta Fusion's computational physics team leader Dr. Sam Frank, uses this toolkit to demonstrate that a tandem magnetic mirror system with a 50-meter-long center cell can achieve a commercially viable energy gain of Q>5. The model supports a substantially higher energy gain of Q>10 or more with a longer center cell. The plasma confinement performance modeled by Realta Fusion puts the tandem magnetic mirror on par with modeling of more conventional magnetic confinement schemes such as tokamaks and stellarators in terms of power density and theoretical energy gain, reinforcing a long-held opinion of many of the world's leading plasma physicists that the magnetic mirror could be the most commercially relevant approach to fusion. "Our model proves there's a there there when it comes to CoSMo fusion™ energy systems based on the tandem mirror," said Frank. "Sufficient confinement is critical for reaching high gain operation needed for a power plant," added Realta Fusion VP of R&D Dr. Derek Sutherland. "The model shows it is physically tenable with an axisymmetric tandem mirror." Tackling Plasma Instability Head On The second paper , authored by Realta Fusion's University of Wisconsin-Madison collaborator Aaron Tran, shows that this same predictive toolkit can identify and manage specific plasma instabilities that have cast some doubt over the validity of the magnetic mirror concept. Known as drift-cyclotron loss-cone (DCLC) instability, this phenomenon has been difficult to model historically, but Realta Fusion's new software toolkit represents the first viable approach to modeling and simulating DCLC instability so that a robust engineering solution can be designed to mitigate the problem. "The tools to do this didn't exist, so we built them ourselves," noted Frank. "This helps us better understand specific issues like plasma instability. We have to understand instabilities so we can chase them down and stop them in their tracks. We cannot be afraid of them, ignore them, and hope that they go away." Next Steps for the Magnetic Mirror This research – the culmination of many months of work between Realta Fusion and their university partners – will help form the basis for a paper detailing the full pre-conceptual design of the commercial-scale pilot device they call Hammir, which they expect to publish in 2026. "This work represents a significant advancement towards the pre-conceptual design of our fusion pilot plant," said Sutherland. "We are currently building on this work to optimize our modeled design points to even higher energy gains. These computational tools we're developing are being validated against our experimental data, which gives us confidence in using them to design our next-stage devices. Our tools are being grounded in reality, as they should be." External Support for Realta Fusion Realta Fusion's research is supported through a collaboration with Amazon Web Services (AWS), which provides cloud computing credits to power the modeling and simulation work detailed in these publications. Realta Fusion was selected by AWS to join the first cohort of the Compute for Climate Fellowship , a global R&D program that empowers startups to build innovative climate solutions and deliver real results. "AWS helped Realta Fusion build a supercomputer in the cloud to model the physics of the magnetic mirror," said Lisbeth Kaufman, Head of Climate Tech Startups at AWS. "The goal here is to provide the computational resources needed to get Realta to commercially viable fusion faster than we ever thought possible, and these results gives us even more confidence that they're on track to do exactly that." Achievement of these results marks a significant milestone for Realta Fusion, who were among eight companies selected to receive federal funding from the U.S. Department of Energy's flagship Milestone-Based Fusion Development Program in 2023. The DOE Milestones program rewards private fusion companies for hitting ambitious technical and commercialization targets along their development pathways. About Realta Fusion Realta Fusion spun out of a large fusion experiment at the University of Wisconsin-Madison funded by the U.S. Department of Energy's Advanced Research Projects Agency – Energy. The experiment was the first to use high temperature superconducting magnets in a magnetic mirror configuration and confined its first plasma at a world-record breaking magnetic field strength of 17 Tesla. Realta Fusion recently announced a $36 million Series A funding round led by new investor Future Ventures, with further support from existing investor Khosla Ventures, who led Realta Fusion's seed round in 2023. Source: Realta Fusion Inc

Realta Fusion Frequently Asked Questions (FAQ)

  • When was Realta Fusion founded?

    Realta Fusion was founded in 2022.

  • Where is Realta Fusion's headquarters?

    Realta Fusion's headquarters is located at 1200 John Q Hammons Drive, Madison.

  • What is Realta Fusion's latest funding round?

    Realta Fusion's latest funding round is Series A.

  • How much did Realta Fusion raise?

    Realta Fusion raised a total of $48M.

  • Who are the investors of Realta Fusion?

    Investors of Realta Fusion include Khosla Ventures, Wisconsin Alumni Research Foundation, TitletownTech, Future Ventures, GSBackers and 13 more.

  • Who are Realta Fusion's competitors?

    Competitors of Realta Fusion include General Fusion, Advanced Power, TAE Technologies, Commonwealth Fusion Systems, Helion Energy and 7 more.

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Compare Realta Fusion to Competitors

Novatron Logo
Novatron

Novatron specializes in fusion power generation within the clean energy industry. The company's main offering includes the development of commercial fusion reactors designed to provide a safe, abundant, and low-emission energy source. Novatron Fusion Group's reactors are based on innovative plasma containment technology. It was founded in 2019 and is based in Stockholm, Sweden.

Commonwealth Fusion Systems Logo
Commonwealth Fusion Systems

Commonwealth Fusion Systems operates in the energy sector, which focuses on commercial fusion energy. It specializes in developing high-temperature superconducting magnets to create smaller tokamak-based fusion systems that produce net energy. It is involved in the design and development of fusion power plants as part of the transition to clean energy. It was founded in 2018 and is based in Devens, Massachusetts.

Zap Energy Logo
Zap Energy

Zap Energy focuses on developing fusion power technology within the energy sector. The company specializes in creating a Z-pinch fusion energy system that confines and compresses plasma without the use of magnetic coils. It was founded in 2017 and is based in Everett, Washington.

General Fusion Logo
General Fusion

General Fusion focuses on developing fusion power technology within the energy sector. The company works to bring zero-carbon fusion energy to the grid by the early to mid-2030s through its proprietary magnetized target fusion (MTF) technology. Its main offerings include the design and construction of fusion power plants and the development of fusion energy systems. It was founded in 2002 and is based in Richmond, Canada.

H
Helical Fusion

Helical Fusion specializes in nuclear fusion technology within the energy sector. Its offerings include the development of a helical fusion reactor and engagement in research projects, such as high-temperature superconducting magnets and heating and power generation systems. The company serves the energy production and research sectors with its fusion technology. It was founded in 2021 and is based in Tokyo, Japan.

I
International Thermonuclear Experimental Reactor

International Thermonuclear Experimental Reactor (ITER) is a collaborative international project focused on advancing fusion energy research within the scientific and energy sectors. ITER's mission is to demonstrate the feasibility of fusion as an energy source and to explore the potential for future fusion power plants. The project involves the design, construction, and operation of the ITER Tokamak, which is being built in Saint-Paul Lez Durance, France. It was founded in 1985 and is based in Provence, France.

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