Fusion Power Startups Raise Billions
Update: 2025-12-31
Description
Fusion power, once a punchline, is now a reality with over a dozen startups raising hundreds of millions. Commonwealth Fusion Systems leads the pack, aiming for a 2026 launch. Helion promises 2028, with Microsoft as its first customer. TAE Technologies, with $1.8 billion raised, made headlines with a $6 billion deal. Not all smooth sailing, General Fusion laid off staff but secured $50 million. Investors love stellarators, with Proxima Fusion at over €185 million. The race is on for the first grid-ready plant, potentially ending fossil fuels. Checkout Solipillow.com
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