Chris SaccasVCfirm is raising a secondnuclearfusion fund | TechCrunch

Image for article Chris SaccasVCfirm is raising a secondnuclearfusion fund | TechCrunch
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News Summary

  • Chris Sacca’s venture firm Lowercarbon Capital is raising a second fund to back nuclear fusion energy hopefuls.
  • The firm has backed leading fusion startup Commonwealth Fusion Systems, as well as others like Pacific Fusion.
  • Commonwealth raised $863 million earlier this year, after raising a $1.8 billion Series B four years ago.
  • Sacca didn’t say how big this second fund will be, but a source told Bloomberg that it's intended to be bigger than the first.
Chris Saccas venture firmLowercarbonCapital is raising a second fund to back nuclearfusion energy hopefuls, the VC said at the SOSV Climate Tech Summit onThursday,as reported by Bloomberg.Th [+799 chars]

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