Thea Energy raises $20M Series A for pixel-inspired fusion power plants
02/08/24, 12:52 PM
Location
princetonMoney raised
$20 million
Industry
energy
renewable energy
Investors
Starlight Ventures, Orion Industrial Ventures, Mercator Partners, Lowercarbon Capital, Hitachi Ventures, Anglo American, 11.2 Capital, Prelude Ventures
Thea Energy has raised a $20 million Series A round led by Prelude Ventures with participation from 11.2 Capital, Anglo American, Hitachi Ventures, Lowercarbon Capital, Mercator Partners, Orion Industrial Ventures, and Starlight Ventures for their pixel-inspired fusion power plants.
Company Info
Location
princeton, new jersey, united states
Additional Info
Thea Energy Inc. is a fusion energy company focused on leveraging recent breakthroughs in stellarator physics and engineering to create a faster, simpler approach to commercializing fusion energy. They are reinventing the stellarator using computer-controlled arrays of planar coils, thus eliminating the intricate, complex modular magnets required in all other proposed stellarator architectures.