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The merger is intended to create one of the world’s first publicly traded fusion energy companies.
The acquisition strengthens Balance’s regulatory and operational footprint across several U.S. states.
The funding will support construction of the company’s R-50 microreactor factory in Oak Ridge, Tennessee.
The round was led by Salesforce Ventures, with participation from Bessemer Venture Partners and Schneider Electric Ventures.
David Newington will lead the company’s commercial operations across the region.
The rebrand signals the company’s transition into a space and defense-focused company.
The funding will deepen collaborations with game studios experimenting with more dynamic, character-led experiences.
The company said the funding will be used to scale its generative media platform.
To support its growth, the company also announced plans to expand its team.
The funding will support the rollout of new capabilities and accelerate development of its flagship product, the Crisp AI Agent.
Among other things, the expansion will enable clients to integrate Claude into their systems and accelerate enterprise-wide AI adoption.
Backed by IDA Ireland, the initiative will bolster the country’s standing in the regional healthtech sector.











