Lightspeed and SoftBank’s second Vision Fund among Helion’s new investors in latest funding round

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Helion raises $425 million from SoftBank’s venture arm, hits $5.4 billion valuation

By Stephen Nellis (Reuters) – Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture funding from a group of investors including SoftBank Group’s Vision Fund 2. The Everett, Washington-based Helion said the funding will help it speed up the development of its next generation fusion reactor design, which aims to tap into the same reactions that power the sun to make carbon-free…

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Helion's unorthodox approach to fusion power and relative secrecy has earned it plenty of fans — and critics. But don’t count its investors among the naysayers.

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Helion raises $425M to help build a fusion reactor for Microsoft

EVERETT, Wash.--(BUSINESS WIRE)--Jan 28, 2025-

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Helion Announces $425M Series F Investment to Scale Commercialized Fusion Power

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US nuclear fusion start-up backed by Sam Altman and Peter Thiel secures $425mn

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Fusion reactor startup Helion, which has a deal to supply Microsoft with electricity by 2028, raised a $425M Series F, valuing the company at $5.245B

A private startup called Helion thinks it can build a fusion reactor and start supplying energy by 2028.

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A private start-up called Helion aims to have a working fusion reactor by 2028

Microsoft-backed startup now valued at $5.4B

The Register

Fusion startup Helion rakes in $425M in latest funding round

Helion, a 12-year-old startup backed by Sam Altman, Peter Thiel and Reid Hoffman, has ingratiated itself amongst Silicon Valley heavyweights eager to unleash the commercial potential of nuclear fusion energy. Its ambitious promises have garnered the attention of deep-pocketed investors—and raised concerns amongst nuclear experts wary of the company’s aggressive timeline. Fresh off a $425 million Series F funding round, Helion is now valued at $5…

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Sam Altman’s $5.4B Nuclear Fusion Startup Helion Baffles Science Community

HeraldNet.com HeraldNet.com - Everett and Snohomish County news from The Daily Herald in Everett, Washington The Everett start-up aims to deliver carbon-free electricity without the drawbacks of traditional nuclear power. Helion gets $425M for its fusion goals Randy Diamond

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David Black

Helion gets $425M for its fusion goals

Washington-based fusion energy company Helion just raised US$425 million in fresh funding for its bid to be the first to produce usable electricity through nuclear fusion. The firm's latest Series F round brings the total investment into Helion over the $1 billion line, and it's aiming to begin delivering power from a single fusion 50-MW plant to Microsoft by 2028.Continue ReadingCategory: Energy, TechnologyTags: Nuclear, Nuclear Fusion, Helion …

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Helion has $1 billion and 3 years to figure out fusion-powered energy

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US nuclear fusion start-up backed by Sam Altman and Peter Thiel secures $425mn

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