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Chinese startup Startorus Fusion has secured approximately $143 million in Series A funding to enhance its nuclear fusion technology, with plans for commercial output by the early 2030s. The funding, led by CICC Capital and several government-backed firms, will accelerate the development of their CTRFR-1 fusion device, which aims to achieve fusion conditions at 100 million degrees Celsius. Founded in 2021 by Tsinghua University graduates, Startorus Fusion intends to construct a commercial demo reactor by 2028.