Compact Fusion Startup Raises $29M on Plasma Physics Milestone

Seattle-based Avalanche Energy announced $29 million in new funding on February 3, 2026, following claimed plasma physics breakthroughs in its Orbitron device. The compact electrostatic confinement approach targets distributed power for data centers and military systems facing acute energy constraints. Specific results remain unpublished, reflecting typical pre-revenue hardware sensitivity, though the raise signals investor confidence in compact fusion architectures post-NIF ignition.