Type One Energy raised $82.4M in a seed funding round to pursue its FusionDirect program aimed at commercializing fusion energy.
Amount Raised
$82.4 Million
Round Type
Seed
KnoxvilleEnergyRenewable EnergyBiomass EnergyInvestors
Description
Type One Energy has announced the final closing of its seed funding round of $82.4 million, attracting a wide base of international investors. The funds will support the FusionDirect program, which aims to commercialize fusion energy with a pilot power plant project expected to launch in 2030.
Quick answer
Type One Energy raised $82.4 Million in a Seed round, dated July 30, 2024. Investors: Foxglove, Gd1 and Centaurus Capital. Type One Energy is based in Knoxville, Tennessee, United States.
- How much did Type One Energy raise?
- Type One Energy raised $82.4 Million in a Seed round on July 30, 2024.
- Who invested in Type One Energy?
- Foxglove, Gd1 and Centaurus Capital are named as investors in this round.
- What does Type One Energy do?
- Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world.
- Where is Type One Energy based and how big is it?
- Type One Energy is based in Knoxville, Tennessee, United States. Fundz records about 237 employees.
- Who are the decision-makers at Type One Energy?
- Fundz holds 1 contact at Type One Energy. 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 Type One Energy that raised within 45 days of this round, from Fundz verified event records.
- Reverion raised $62M (Series A) on September 12, 2024.
- Elum Energy raised $13M (Series B) on September 10, 2024.
- Arevon raised $299M (Debt Financing) on September 5, 2024.
- PuriFire Energy raised $3.6M (Seed) on August 30, 2024.
- Eversource Energy raised $89M (Grant) on August 19, 2024.
- BluPine Energy raised $29M (Funding Round) on July 29, 2024.
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
- The decision-makers there, with verified emails
- Who you already know at Type One Energy, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Type One Energy. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Type One Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Type One 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.
5 screens from a live account. No signup.