Problem Addressed: Fossil fuels have too little energy density for our needs, so we have to burn 14 billion tons per year, creating pollution that kills 7 million a year. To move past the polluting fossil fuel age, we need technologies based on sustainable energy that is reliable, clean, cheap and safe.
The Product: Fusion energy pB11 fuel can solve our global environmental issues and at the same time lift the standard of living for all. The company's pB11 fusion fuel produces no radioactive waste and it is millions of times more powerful than any energy source we use today. This is because of the energy density of pB11 fuel. According to the founder, this fusion fuel is the core of the energy revolution.
- Security: Priced Round
- Pre-Money Valuation: $49,000,000
- Min. Investment: $150
(Data as of June 2021)
LPPfusion: WeFunder Campaign Highlights
1) Achieved the highest confined temperature of any fusion experimental device, over 2 billion degrees, sufficient for hydrogen-boron fusion.
2) Highest fusion energy output per unit energy input of any private fusion experiment, more than a thousand times the closest competitor.
3) Patents issued in the U.S., China, Australia, Canada, and the European Union, with patent pending in India.
4) Collaborating with international network of 40 labs organized by the International Center for Magnetized Plasmas.
5) Raised over $8.6 million from over 800 investors.
6) Research published in leading peer-reviewed journals documenting the LPP Fusion device as the most advanced, privately funded fusion experiment in the world.
7) Easiest path to fusion by using natural instabilities of plasmas, not fighting them.
Did I Invest In LPPfusion?
I’m still in the process of writing a full deal report and decide whether or not I will invest in LPPfusion on WeFunder. At Angel Notes, I review 100+ pitches on 10+ platforms every month and send a detailed report every Saturday to subscribers of the Angel Notes newsletter (you can join through the form below). See you soon!