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Shine Technologies raises $240M in a funding round led by NantWorks. The funds will support the company's expansion and development efforts, increasing its capacity for medical isotope production.

PRIVATEFeb 26, 2026

Amount Raised

$240 Million

Round Type

Funding Round

JanesvilleManufacturingEnergyRenewable Energy

Investors

NantWorksFidelity Management And Research CompanySumitomo Corporation Of AmericasPelican Energy PartnersDeerfield ManagementOaktree Capital Management

Description

Shine Technologies, a Janesville, WI-based nuclear fusion company, raised $240M in equity funding. The round was led by NantWorks with participation from several investors. This raise increases Shine's total funding to over $1 Billion. The company plans to use the funds for operational expansion and development.

Quick answer

SHINE raised $240 Million in a Funding Round round, dated February 26, 2026. Investors: NantWorks, Fidelity Management And Research Company, Sumitomo Corporation Of Americas, Pelican Energy Partners, Deerfield Management and Oaktree Capital Management. SHINE is based in Janesville, Wisconsin, United States.

How much did SHINE raise?
SHINE raised $240 Million in a Funding Round round on February 26, 2026.
Who invested in SHINE?
NantWorks, Fidelity Management And Research Company, Sumitomo Corporation Of Americas, Pelican Energy Partners, Deerfield Management and Oaktree Capital Management are named as investors in this round.
What does SHINE do?
SHINE is a next-generation fusion technology company headquartered in Janesville, Wisconsin, developing safe, cost-efficient, and environmentally responsible fusion-based solutions across neutron testing, medical..
Where is SHINE based and how big is it?
SHINE is based in Janesville, Wisconsin, United States. Fundz records about 273 employees.
Who are the decision-makers at SHINE?
Fundz holds 1 contact at SHINE, including the Founder and CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as SHINE that raised within 45 days of this round, from Fundz verified event records.

  • Capstone Energy Plus, Inc. raised $113M (Corporate Round) on March 30, 2026.
  • pH7 Technologies raised $3.2M (Grant) on March 24, 2026.
  • AmpliSi raised $2.7M (Pre-Seed) on March 17, 2026.
  • RIFT raised $97M (Series B) on March 3, 2026.
  • Birchtech raised $13M (Post-IPO Equity) on February 27, 2026.
  • Ideal Power raised $12M (Post-IPO Equity) on February 25, 2026.

Who to call at SHINE, and when

A new round usually means SHINE is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SHINE raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SHINE, from your own LinkedIn network

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Company Information

Company

SHINE

Location

Janesville, Wisconsin, United States

About

SHINE is a next-generation fusion technology company headquartered in Janesville, Wisconsin, developing safe, cost-efficient, and environmentally responsible fusion-based solutions across neutron testing, medical isotope production, and nuclear waste recycling. With commercialized and scaling technologies supporting critical healthcare diagnostics and cancer therapies, and a long-term mission to commercialize fusion energy, SHINE follows a commercially driven deep-tech model to advance technology, healthcare, and sustainable energy worldwide.

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Related People

1 contact
Verified contactsGreg P., Founder and CEO hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for SHINE's next move

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SHINE raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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