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Princeton’s Thea Energy secures $20M Series A round

PRIVATEFeb 09, 2024

Amount Raised

$20 Million

Round Type

Series A

PrincetonEnergyRenewable EnergyBiomass Energy

Investors

Starlight VenturesOrion Industrial VenturesMercator PartnersLowercarbon CapitalHitachi VenturesAnglo American11.2 CapitalPrelude Ventures

Description

Princeton-based Thea Energy Inc. announced the closing of a $20 million Series A financing round led by Prelude Ventures, with participation from other investors.

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

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

  • MyGug raised $973K (Seed) on March 25, 2024.
  • e-peas raised $19M (Funding Round) on March 20, 2024.
  • Greenalia raised $200M (Funding Round) on March 19, 2024.
  • phelas raised $4.5M (Seed) on March 13, 2024.
  • Reformed Energy raised an undisclosed amount (Seed) on March 12, 2024.
  • Urja Sathi raised $46K (Seed) on March 5, 2024.

Who to call at Thea Energy, and when

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

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

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Company Information

Company

Thea Energy

Location

Princeton, New Jersey, United States

About

Thea Energy Inc is a US-based fusion energy company focused on advancing stellarator technology for commercialization. The company aims to provide a clean, safe, and abundant source of fusion power to address the growing energy demands of humanity.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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