Compact Fusion Startup Avalanche Energy Raises $29M on Physics Milestone

Seattle-based Avalanche Energy announced $29 million in funding on February 3, 2026, following breakthroughs in its Orbitron device—a compact fusion approach using electrostatic confinement. The technology targets distributed power for data centers and military systems. Results remain unpublished, typical for pre-revenue hardware, but the raise reflects growing investor confidence in compact fusion designs.