Google places another fusion power bet on TAE Technologies

Nobody said that commercializing fusion power would be cheap or quick.

TAE Technologies said this week it raised another $150 million in a funding round that included investments from existing backers Google, Chevron, and New Enterprise associates.  

By the nearly 30-year-old company’s counting, it’s TAE’s 12th round of investment. To date, it has raised about $1.8 billion, according to PitchBook, making it one of the highest funded fusion companies.

TAE, formerly known as Tri Alpha Energy, worked for years in stealth developing its…