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Helion Secures $425M Series F Investment to Scale Fusion Power Commercialization

Jan 28, 2025•over 1 year ago

Contract Type

partnership

EverettSoftwareRenewable Energy

Description

Helion, a fusion energy company, announced a $425 million Series F investment round to scale commercialization efforts for their groundbreaking fusion technology. The investment includes participation from new investors such as Lightspeed Venture Partners, SoftBank Vision Fund 2, and a major university endowment, as well as existing investors. This latest round of funding brings the total investment in Helion to over $1 billion, valuing the company at $5.425 billion post-money.

Company Information

Company

Helion Energy

Location

Everett, Washington, United States

About

Helion is a fusion power company based in Everett, WA, with the mission to build the world's first fusion power plant, enabling a future with unlimited clean electricity. Our vision is a world with clean, reliable, and affordable energy for everyone. Currently, we are scaling up our latest fusion prototype to make our vision a reality. We’re hiring brilliant scientists, engineers, and builders passionate about developing world-changing technologies. If that sounds like you, check out our open positions.

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