Every fusion startup that has raised over $100M

Fusion energy startups have collectively raised $7.1 billion in funding as of early 2024, with a significant portion concentrated among a few leading companies. Commonwealth Fusion Systems (CFS) leads the pack, having secured $2.2 billion in its Series B funding round in December 2021, followed by Helion Energy, which raised $500 million in a Series E round in July 2023. TAE Technologies has also attracted substantial investment, raising $250 million in a Series H round in September 2021. Other notable fundraisers include General Fusion, which garnered $200 million in a Series E round in May 2022, and Zap Energy, which announced $200 million in funding in May 2023. These investments underscore a growing investor confidence in the potential of fusion power to provide a clean and abundant energy source. The sector's total funding has seen a marked increase in recent years, reflecting advancements in fusion technology and a global push towards decarbonization.