Shine Technologies Raises $70 Million Financing Round To Accelerate The Commercialization Of Near-Term Applications Of Fusion Technology
Amount Raised
$70 Million
Round Type
Funding Round
JanesvilleManufacturingEnergyRenewable EnergyInvestors
Description
SHINE Technologies, LLC, a next-generation fusion technology company, today announced it has raised $70 million in additional funding. The round was led by existing investors including Baillie Gifford and Fidelity Management & Research Company, and also includes participation from new institutional investors. This round will complete the commercialization and scale-up of the company's near-term applications of fusion technology, which are used in the industrial, defense, and healthcare markets.
Quick answer
SHINE raised $70 Million in a Funding Round round, dated October 11, 2023. Investors: Fidelity Management & Research Company and Baillie Gifford. SHINE is based in Janesville, Wisconsin, United States.
- How much did SHINE raise?
- SHINE raised $70 Million in a Funding Round round on October 11, 2023.
- Who invested in SHINE?
- Fidelity Management & Research Company and Baillie Gifford 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.
- Charging Robotics raised an undisclosed amount (Funding Round) on November 22, 2023.
- TSUN raised an undisclosed amount (Series B) on November 20, 2023.
- Advent Technologies Holdings raised an undisclosed amount (Funding Round) on November 16, 2023.
- OCOchem raised $5M (Seed) on November 15, 2023.
- Talus Renewables raised $22M (Series A) on November 2, 2023.
- OCOchem raised $4.6M (Seed) on October 12, 2023.
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
Works inside ChatGPT and Claude. Ask who to call at SHINE. With Fundz connected, it knows.
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Fundz sees it the moment SHINE raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
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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