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Helion raises $465 million in Series G funding led by Thrive Capital to accelerate commercial deployment of fusion energy and expand U.S. manufacturing capacity.

PRIVATEJun 04, 202619 days ago

Amount Raised

$465 Million

EverettSoftwareRenewable Energy

Investors

University Endowment FundSoft Bank Vision Fund 2Dustin MoskovitzMithril CapitalLightspeed Venture PartnersCapricorn Technology Impact FundsBill FordPeak Xv PartnersLux CapitalBox GroupAnti FundAlta Park CapitalThrive Capital

Description

Helion, a Washington-based fusion energy company, completed a $465 million Series G funding round. The investment will enhance their ability to deliver clean electricity and boost manufacturing efforts. This round brings the total invested to date in Helion to $1.5 billion. The funding round was led by Thrive Capital and included participation from several other investors.

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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