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Helion, the Sam Altman-backed fusion startup, raises $465M to build a power plant for Microsoft

Fusion startup Helion is racing to complete a power plant for Microsoft by 2028. A fresh infusion of cash should help with that.

ClimateFundraisingStartupsHelionfusion energyPeak XV PartnersBill FordAnti FundSoftBank Vision Fund 2lux capitalDustin Moscovitzfusion powernuclear fusionmithril capitalboxgroupThrive Capitallightspeed venture partners
TechCrunch Jun 4, 2026, 18:54 UTC
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With a new $100M raise, Princeton’s Thea Energy is now a top-funded fusion startup

Thea Energy's pixel-inspired magnets could give its power plant plans a boost. The fusion startup hopes to get a commercial reactor working by 2034.

ClimateClimate Capitalfusion powerGaingelslinse capitalnuclear fusionThea EnergyTimescale
TechCrunch May 27, 2026, 17:54 UTC

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