Helion Announces $425M Series F Investment to Scale Commercialized Fusion Power
Helion, a fusion energy company, today announced a $425 million Series F investment round that will be used to scale commercialization efforts for the company’s groundbreaking fusion technology. The oversubscribed and upsized round had participation from new investors,
Fusion power startup Helion raises $425M in funding
According to TechCrunch, Helion will use its $425 million funding round to upgrade its manufacturing capabilities. The company currently relies on external suppliers to provide it with capacitors, a type of energy storage device. Helion hopes that moving capacitor manufacturing in-house will enable it to significantly speed up production.
Washington-based fusion energy company Helion just raised US$425 million in fresh funding for its bid to be the first to ...
Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture ...
Helion’s nuclear fusion promises have garnered the attention of Silicon Valley—and raised concerns amongst scientists wary of ...
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Seattle-area company Helion Energy gets $425 million from investors including Sam Altman and Softbank to pursue clean ...
A US start-up whose backers include tech billionaires Sam Altman and Peter Thiel has raised $425mn to keep it on track to ...
The Everett start-up aims to deliver carbon-free electricity without the drawbacks of traditional nuclear power.
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