Venture capital funding

Dust Identity raises $10 million in Series A funding

Dust Identity, a Framingham, Mass-based supply chain security and tracking startup that utilizes diamond dust, raised $10 million in Series A funding.

Why it matters: Do you know any other company whose business model is based on diamond dust? Specifically, inexpensive industrial diamond waste that's used to lightly coat an object, thus creating unique tagging properties and an ability to ensure that the object hasn't been messed with.

Commonwealth Fusion Systems raises $115 million

Graphic of a lightbulb being powered by nuclear power
Photo: Mitch Payne Photography/Getty Images

Commonwealth Fusion Systems, a Cambridge, Mass.-based startup focused on commercializing fusion energy, raised $115 million in Series A funding.

Why it matters: Nuclear fusion, the process of combining hydrogen atoms rather than splitting them, has long been the clean energy industry's holy grail, promising unlimited output without creating any carbon emissions or nuclear waste.