Legal & General returned for a $87m round that will support Tokamak Energy's continual development of its compact fusion power system.
UK-based fusion energy technology developer Tokamak Energy has received £67m ($87m) in funding from investors including financial services and insurance group Legal & General.
The round was led by Hans-Peter Wild, the former chairman of food ingredient provider Rudolf Wild, and included David Harding, the founder and chief executive of investment manager Winton Group.
Tokamak is working on development of a compact system that will be able to produce fusion power and claims to have built a working prototype capable…