LPPFusion on Wefunder 2022 – KingsCrowd

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Security Type

Equity – Common

Pre-Money Valuation

$68,753,200

Reporting Date

07/04/2022

Likelihood of Max

Momentum

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Location

LAWRENCEVILLE PLASMA PHYSICS, INC., New Jersey

Industry

Energy, Power, & Natural Resources

LPP Fusion, with a valuation of $68.8 million, is raising funds on Wefunder. The company is developing the densest form of fusion energy which is recreating the power of the Sun on the Earth. The fusion being developed by LPP Fusion is focused, safe, clean, and cheap. LPP Fusion has reported the highest fusion energy output per unit energy input compared to any private fusion experiment. Eric J. Lerner and Rudolph Fritsch founded LPP Fusion in 2003. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $4,000,000. The campaign proceeds will be used for personnel, new equipment, operating expenses, engineering development, and reserves.

Raise History

LPPFusion 01/27/2023 Wefunder $68,753,200 $0 Equity – Common
Active
RegCF
LPPFusion 08/15/2021 Wefunder $49,000,000 $615,750 Equity – Common
Funded
RegCF
LPPFusion 02/29/2020 Wefunder $49,000,000 $575,750 Equity – Common
Funded
RegCF
LPPFusion 04/30/2018 Wefunder $37,525,500 $996,250 Equity – Common
Funded
RegCF

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