nT-Tao Overview
nT-Tao Compact Fusion Power is an Israeli company developing a Compact Fusion system capable of generating 10-20 MWe, about the size of a shipping container. The company’s technology is aimed at providing distributed, off-grid energy for various applications, including data centers, remote needs, transportation (inc. shipping power), and smart cities. With a plan to have a commercial POC by the mid 2030s. nT-Tao’s compact reactors are designed to shorten time-to-market, and reduce the size, cost, and complexity typically associated with fusion energy systems.
Cumulative Funding Raised Over Time ($)
Latest News
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"If Israel commits to comprehensive investments in renewable energy, grid modernization, advanced energy storage, and breakthrough technologies such as green hydrogen, next-generation nuclear reactors, and fusion energy, it can guarantee a stable power supply," writes Oded Gour-Lavie, co-founder and CEO of nT-Tao.
The article discusses Israels urgent need to modernize its energy infrastructure in light of significant technological investments, such as Nvidias new data center. The countrys aging power grid is under pressure, risking energy shortages that could impact its tech industry and economy. Oded Gour-Lavie, CEO of nT-Tao, emphasizes the importance of investing in renewable energy, grid modernization, and breakthrough technologies like fusion energy to ensure a stable power supply. The article highlights Israels past success in overcoming a water crisis through innovation and suggests a similar approach for the energy sector. Israels Energy Minister plans to propose a nuclear power plant, indicating potential government action.
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How nuclear fusion could transform health, energy, and electric cars
The article discusses the potential of nuclear fusion as a clean and limitless energy source, highlighting its advantages over fossil fuels and nuclear fission. It explores various applications of nuclear fusion, including energy production, cancer treatment, propulsion, and electric vehicle (EV) charging. The Israeli startup NT-Tao is developing compact nuclear reactors for EV charging stations, combining tokamak and stellarator technologies. These reactors aim to provide clean energy to up to 1,000 EVs at a low cost. NT-Tao has received around $28 million in investment from Honda Motors, the Israeli government, and other venture capital firms by January 2024. The article emphasizes the potential of nuclear fusion to revolutionize energy production and other industries.
Investment
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Honda-backed Israeli startup to use nuclear fusion to power EVs
NT-Tao, an Israeli nuclear fusion startup, is advancing its plans to develop compact fusion power stations that can fit into a cargo container and generate between 10,000 to 20,000 kilowatts of electricity. Backed by Honda Motor, the company aims to use these mini fusion facilities as charging stations for electric vehicles. NT-Tao plans to manufacture demonstration facilities by 2029 and targets commercialization in the 2030s. This development highlights the accelerating progress in the long-anticipated field of fusion energy.
Investment
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MITSUI SUMITOMO INSURANCE Venture Capital Joins nT-Tao's Series A Funding Round
nT-Tao, a compact fusion energy company, has announced that MITSUI SUMITOMO INSURANCE Venture Capital has joined its Series A funding round. The investment will be used to continue the development and testing of nT-Taos Compact Fusion Reactor, expand its team, and pursue other partnerships. nT-Tao is developing a compact and scalable nuclear fusion solution to reduce reliance on fossil fuels and overcome the limitations of existing renewable energy sources. The companys Series A round, announced in February, raised $22M and was led by Delek US, with participation from several other investors.
InvestmentPartners
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Israeli startup hopes to take nuclear fusion mainstream | AGBI - Arabian Gulf Business Insight
Israeli startup nT-Tao, the Middle Easts first nuclear fusion company, is seeking investment to advance its research. Nuclear fusion is considered the holy grail of energy and has the potential to generate four times more energy per kilogram of fuel than nuclear fission. nT-Tao has developed a fusion system the size of a shipping container that can generate up to 25MW of energy. The company recently completed a Series A funding round, raising $28 million from investors including Delek US Holdings and Honda Motor Co. nT-Tao is collaborating with Princeton University and the Princeton Plasma Physics Laboratory, and aims to attract interest from the wider Middle East region.
InvestmentPartners
| Sector | Energy Tech |
Funding
| Total funding | $34M |
| Last funding | $4M |
| Stage | A |
| Rounds | 4 |
| Investors | 7 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | www.nt-tao.com/ |
Locations
Hod Hasharon, Israel
Photos & Videos
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