HTS Milestones
Renaissance Fusion’s Growth
Renaissance Fusion’s Growth
Magnets & Cryogenics Milestones
June 2020
Birth of Renaissance Fusion: our founders Francesco Volpe and Martin Kupp officially launch their project to revolutionize the nuclear fusion sector with a next-gen, simplified stellarator based on the wide HTS tapes and liquid metal technologies.
February 2021
Love money round: raised our first funds with the support of family and friends.
March 2021
We receive the keys to our first office: a 35 m2 space at Regus Grenoble, a coworking space in the heart of one of Europe’s most dynamic tech hubs.
March 2021
The company starts recruiting its first employees; the team boasts five new members at the end of the year.
June 2021
Pre-seed round with business angels.
June 2021
The development of our technologies calls for larger facilities: we sign a lease for an office and workshop complex at 22 rue Jean Pierre Timbaud in Fontaine, a few minutes out of Grenoble. We move in in August 2021.
May 2022
Seed round: raised €15.5 M thanks to Lowercarbon Capital, Positron Ventures, Norrsken, and other positive-impact investors.
November 2023
Received a €10 M grant by Bpifrance, following our nomination as awardees of French investment plan France 2030.
March 2024
As our team continues to grow, our facilities start feeling cramped. we sign a lease for the neighboring building, at 14 rue Jean Pierre Timbaud. We settle in from April/May 2024.
December 2024
Series A1 round: raised €32 M with the support of Crédit Mutuel Impact and Lowercarbon Capital.
June 2025
We inaugurate Renaissance Fusion Italia, located at Via Fratelli Rosselli 9 in San Giuliano Terme, near Pisa. Two months later, in August, we welcome our first Italy-based members.
November 2025
Our team reaches 100 employees, a symbolic milestone after five years of exponential growth.