Topic
fusion
Technology Startups #fusion#startup
Helion, the Sam Altman-backed fusion startup, raises $465M to build a power plant for Microsoft
Helion raised $465M in Series G funding led by Thrive Capital, valuing the company at $15.5B, to build its first fusion power plant Orion, with a target to deliver power to Microsoft by 2028. The startup uses a unique magnet-based approach to directly harvest electricity from fusion.
Jun 14, 2026 1 source
Technology Startups #fusion#laser
Focused Energy Raises $240M Series A for Laser-Powered Fusion, One of Largest Early-Stage Rounds
Focused Energy, a Germany-based fusion startup, announced an oversubscribed $240 million Series A round, one of the largest early-stage rounds for a fusion power company. The company is developing a laser-powered inertial confinement reactor inspired by the National Ignition Facility, with plans to build its first demonstration system at a decommissioned nuclear plant in Germany. RWE was the main investor.
Jun 14, 2026 1 source