Posco, Doosan join IMM-led bet on Japanese fusion startup

IMM Investment Japan has led a Series D funding round for fusion energy startup Kyoto Fusioneering, backed by Korean industrial heavyweights. The investment was made through the Korea-Japan Fusion Fund, a cross-border vehicle established to connect Korean capital and industrial networks with Japanese deep-tech companies, IMM Investment said Tuesday. Strategic investors in the fund include Posco Holdings, Posco International, Doosan, Hyundai Motor and GS E&C. Octagon Venture Partners participated