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Type One Energy Raises $87M via Convertible Note to Advance Nuclear Fusion Technology, as demand for clean energy surges.

PRIVATEJan 14, 2026

Amount Raised

$87 Million

Round Type

Convertible Note

KnoxvilleEnergyRenewable EnergyBiomass Energy

Description

The nuclear fusion startup Type One Energy raised $87 million via a convertible note, bringing total venture funding to over $160 million. The company is also working on a $250 million Series B round with a pre-money valuation of around $900 million. Increased demand for clean energy is driving Type One's growth. The fusion technology aims to provide gigawatts of clean energy with minimal waste.

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

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

  • TOYO Ltd raised $4.3M (Seed) on February 17, 2026.
  • Fusion Fuel Green PLC raised $2.6M on February 12, 2026.
  • Radiance Renewables raised $100M (Funding Round) on February 8, 2026.
  • Luna Energy raised $102M (Series D) on February 4, 2026.
  • Amprius Technologies raised $98M (Post-IPO Equity) on January 12, 2026.
  • Juniper Green Energy raised $227M (Debt Financing) on January 6, 2026.

Who to call at Type One Energy, and when

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

  • An alert the day Type One Energy raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Type One Energy, from your own LinkedIn network

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Company Information

Company

Type One Energy

Location

Knoxville, Tennessee, United States

About

Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. The company was formed in 2019 by a team of globally-recognized fusion scientists with a strong track record of building state-of-art stellarator fusion machines, together with veteran business leaders experienced in successfully scaling companies and commercializing energy technologies. Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system. Its FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy.

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Type One Energy 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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