Tokamak Energy
Commercialising fusion energy and HTS magnet technology
We back the physical infrastructure of the next economy
Investing in founders turning frontier science into a commercial reality. Investing across fusion, next generation power, supply chains and AI.
- Stage
- Seed–Series B
- Focus
- Power · Industry · AI
- Geography
- Europe · N. America · Asia
Starmaker One · Flagship Fund
Backing the teams making fusion and frontier power real
The hardest, highest-leverage problem in the energy transition is generating abundant clean power — and a generation of companies is now turning decades of physics into engineering. Starmaker One invests early in the magnet, laser, fuel and plasma technologies that get us there.
One shared thesis
How we invest
East X Ventures invests through its flagship fund and an affiliated investment company — one focused on fusion, and one across the wider deep-tech stack.
Flagship Fund · FusionStarmaker OneA focused thesis on fusion — investing across power systems and supply chain, covering magnets, lasers, fuel and enabling technology.Read more →Affiliated Company · Deep-techEast InnovateNext generation power systems, advanced manufacturing, supply chains and AI.Read more →
Portfolio
Companies we’ve backed
A selection across power, manufacturing, supply chains and AI. Click below to see them all.
Figure AI
Humanoid robots targeting labour shortages
Nu Quantum
Quantum networks to unlock commercial quantum computing scale-out
digiLab
Uncertainty quantification to help engineering industries optimise their complex systems
Leading laser fusion systems company
Production of fusion energy fuel and strategic isotopes
Modular and vertically-integrated synthetic fuel production
Proxima Fusion
Building stellarators to power the future
People
Our investment team
Theodore Mollinger
General Partner
Nathan Mosher
General Partner
Curran Kalha PhD
Investor
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From our portfolio
Germany coordinates fusion R&D efforts - Focused Energy and Proxima Fusion lead Hubs
Germany's Federal Ministry for Research, Technology and Space has announced funding for three national fusion hubs that will consolidate research and development in the areas of laser fusion, magnetic fusion, and the cross-cutting theme of fuel cycles and materials development.
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Mach42 Raises £7 Million To Accelerate AI-Powered Analog Circuit Simulation
Mach42 has raised £7 million in a pre-Series A funding round to accelerate the development and commercial adoption of its AI-powered semiconductor simulation technology. IP Group led the round, with participation from existing investors BGF and Foresight Group.
Luffy AI raises €9.4 million Series A to scale neuroplastic AI for real-time adaptive control
Luffy AI, an Oxfordshire-based startup using neuroplastic AI for real-time adaptive control, has raised €9.4 million (£8.1 million) in a Series A funding