Every fusion startup that has raised over $100M

Here’s a summarized list of the key fusion startups, their investors, founders, fundraising series, and dates based on the text provided:

1. Commonwealth Fusion Systems

  • Fundraise Series: $1.8 billion Series B
  • Investors: Breakthrough Energy Ventures, The Engine, Bill Gates, etc.
  • Founders: Bob Mumgaard (CEO)
  • Date: 2021

2. General Fusion

  • Fundraise: $440.53 million
  • Investors: Jeff Bezos, Temasek, BDC Capital, Chrysalix Venture Capital
  • Founder: Michel Laberge
  • Date: Founded in 2002

3. Helion

  • Fundraise: $607.64 million
  • Investors: Sam Altman, Reid Hoffman, KKR, BlackRock, Peter Thiel (Mithril Capital Management), Capricorn Investment Group
  • Date: No specific date mentioned; aggressive timeline aims for 2028

4. TAE

  • Fundraise: $1.32 billion
  • Investors: Alphabet, Chevron Technology Ventures, Venrock
  • Date: Founded in 1998

5. Zap Energy

  • Fundraise: $327 million
  • Investors: Bill Gates’ Breakthrough Energy Ventures, DCVC, Lowercarbon, Energy Impact Partners, Chevron Technology Ventures
  • Date: No specific date mentioned

6. Tokamak Energy

  • Fundraise: $285.65 million
  • Investors: Future Planet Capital, In-Q-Tel, Midven, Hans-Peter Wild
  • Date: No specific date mentioned

7. First Light Fusion

  • Fundraise: $179.94 million
  • Investors: Invesco, IP Group, Tencent
  • Date: No specific date mentioned

8. Marvel Fusion

  • Fundraise: $109.3 million
  • Investors: b2venture, Deutsche Telekom, Earlybird, HV Capital, Taavet Hinrikus, Albert Wenger (angels)
  • Date: Collaboration expected operational by 2027

9. Xcimer

  • Fundraise: $109 million
  • Investors: Hedosophia, Breakthrough Energy Ventures, Emerson Collective, Gigascale Capital, Lowercarbon Capital
  • Founders: Founded in January 2022

This list captures the essence of the funding landscape within the fusion energy sector as presented in the provided text.

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2024-10-04 18:47:51

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