Helion Energy closed a $40 million Series D funding round led by investor Dustin Moskovitz.
The funding will accelerate work on the Trenta fusion prototype to demonstrate scalability and reliability.
Total funding for Helion now amounts to $77.8 million since its founding.
Investors include Mithril Capital Management, Capricorn Investment Group, Y Combinator, and Sam Altman.
Helion aims to commercialize fusion power to provide abundant, clean, and affordable electricity.

Helion is focused on creating the world's inaugural fusion power plant, aiming to deliver a source of unlimited clean electricity. They are at the forefront of designing fusion technology specifically tailored for power production. Their approach to fusion has been demonstrated to be effective and they are actively constructing the infrastructure needed to realize this future today. Helion is committed to addressing one of humanity's most pressing issues by achieving practical fusion power. The team is currently expanding, seeking talented individuals to contribute to this groundbreaking endeavor to provide a sustainable energy alternative.

Helion

Developing world's first fusion power plant for clean electricity generation.

Helion Energy Raises $40M in Series D Funding, Valued at $1.25B

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