Helion, fusion

A private start-up called Helion aims to have a working fusion reactor by 2028
Building a working nuclear fusion reactor has proven to be a daunting challenge even for multiple wealthy nations, as we've seen with the much-delayed ITER project. However, a private start-up called Helion thinks it can build one and start supplying energy by 2028 by taking a different approach than other reactors.
Helion raises $425M to help build a fusion reactor for Microsoft
Helion's unorthodox approach to fusion power and relative secrecy has earned it plenty of fans — and critics. But don’t count its investors among the naysayers. © 2024 TechCrunch. All rights reserved.
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.
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,
Helion secures $425m funding to commercialise its fusion technology
US-based fusion energy company Helion has raised $425m investment to advance the commercialisation of its fusion energy technology.
Nuclear fusion startup Helion to build ‘world’s first’ power plant after raising $425 million
A nuclear fusion startup backed by OpenAI founder Sam Altman has raised nearly half a billion dollars to build what it hopes to be the world’s first power plant using the next-generation energy source.
Helion bags $425M in fresh funding despite fusion power still being a distant dream
Microsoft-backed startup now valued at $5.4B Fusion energy startup Helion has yet to prove it can generate electricity, but that hasn't stopped investors from dumping another $425 million into the venture.
Helion has $1 billion and 3 years to figure out fusion-powered energy
Washington-based fusion energy company Helion just raised US$425 million in fresh funding for its bid to be the first to produce usable electricity through nuclear fusion. The firm's latest Series F round brings the total investment into Helion over the $1 billion line,
Sam Altman, SoftBank invest in $425M round for Helion, a Seattle-area startup chasing fusion power
Seattle-area company Helion Energy gets $425 million from investors including Sam Altman and Softbank to pursue clean ...
Observer2d
Sam Altman’s $5.4B Nuclear Fusion Startup Helion Baffles Science Community
Helion’s nuclear fusion promises have garnered the attention of Silicon Valley—and raised concerns amongst scientists wary of ...
Helion raises $425 mln from SoftBank's venture arm, hits $5.4 bln valuation
Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture ...
The Business Journals3d
Fusion energy company Helion raises $425 million as milestones approach
The Everett-based company hit a valuation of more than $5.4 billion with the raise. Everett-based fusion energy company Helion on Tuesday raised a $425 million Series F round. The company is now ...