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Nuclear startup X-energy began its investor roadshow Wednesday as it works toward its IPO, setting its target price between $16 and $19 per share, according to documents filed with the U.S. Securities and Exchange Commission. If it lists at the high end, the startup could net about $814 million. X-energy and its peers have been…
Fusion power startup Inertia Enterprises said on Tuesday that it has signed three agreements with the Lawrence Livermore National Laboratory (LLNL) to help bring the laser-based fusion reactor pioneered at the Californian lab to market. The deals could give Inertia a boost over rival startups. The National Ignition Facility (NIF) at LLNL is so far…
Ascend Elements said on Friday it has started Chapter 11 bankruptcy proceedings in the U.S., a heavy blow to investors who had sunk nearly $900 million into the company. Linh Austin, Ascend’s CEO, announced the decision in a post on LinkedIn late Thursday night. He said the company faced “insurmountable” financial challenges. Ascend’s filing comes…
Ticket discounts of up to $500 will end tomorrow, April 10, at 11:59 p.m. PT. After that, prices for TechCrunch Disrupt 2026 go up again. Miss this, and you’ll be paying more for the same access to one of the most anticipated tech epicenters of the year. Register now to lock in these savings. Disrupt: Your launchpad in the tech ecosystem If…
Who doesn’t love a good round of FOMO? From dot-com to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring — the rush to lock down power for data…
Cauldron Ferm has an unlikely origin story, as startups go. Its core technology can be traced back to the 1960s, or maybe the 1970s. The exact start is a bit hazy, actually. What is known is that David and Polly McLennan had a dream of feeding the world using protein grown from microbes. The pair…
For decades, humans have sought to harness the power of the stars to generate electricity here on Earth. And for nearly as long, achieving that goal always seemed just a decade away. Now, a slew of startups are closer than ever before and rushing to build fusion reactors capable of putting power on the grid….
Venture capitalists have placed increasingly bigger bets on AI startups, investing over half a trillion dollars into the sector over the last five years. But these days, the smartest AI investment might be in energy, according to a report by Sightline Climate. Researchers found that up to 50% of data center projects that have been…
Enhanced geothermal has had a promising few years, nudged forward by data centers’ insatiable demand for electricity. Fervo Energy has landed deals on those tailwinds, suggesting, but not guaranteeing, that the company was through the “valley of death.” The term describes when a startup has proven its tech, but hasn’t raised enough money to show…
The U.S. and Europe have a nickel problem. The critical mineral is used in everything from batteries and missiles to electronics and steel. And yet, the two regions have struggled to mine and refine it largely due to permitting issues and waste concerns. Indonesia and China dominate the refining process. Dig a little deeper, though,…