Helion raised $425 million in a Series F round led by Lightspeed Venture Partners and SoftBank Vision Fund 2 to scale commercialization of their fusion technology.

Jan 28, 2025•6 months ago

Amount Raised

$425 Million

Round Type

series f

EverettRenewable EnergySoftware

Investors

NucorDustin Moskovitz Through Good Ventures FoundationCapricorn Investment GroupMithril CapitalSam AltmanSoft Bank Vision Fund 2Lightspeed Venture Partners

Description

Helion has announced a $425 million Series F investment round aimed at accelerating the commercialization of its fusion technology. This funding brings the total invested in Helion to over $1 billion and values the company at $5.425 billion post-money.

Company Information

Company

Helion Energy

Location

Everett, Washington, United States

About

Helion is a fusion power company based in Everett, WA, with the mission to build the world's first fusion power plant, enabling a future with unlimited clean electricity. Our vision is a world with clean, reliable, and affordable energy for everyone. Currently, we are scaling up our latest fusion prototype to make our vision a reality. We’re hiring brilliant scientists, engineers, and builders passionate about developing world-changing technologies. If that sounds like you, check out our open positions.

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Helion raised $425 million in a Series F round led by Lightspeed Venture Partners and SoftBank Vision Fund 2 to scale commercialization of their fusion technology.

Investors

Description

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