Tech Blog

Helion Energy

Last verified 2026-05-06. JSON

The funding figures on this page are attributed, not sourced: a publisher is on record but no document URL is. How we mark provenance.

Total raised$1.0Battributed
Latest roundseries-d+, $425.0M, 2025-01-28attributed
Founded2013
HeadquartersEverett, USA
Industryclimate
Stageseries-b+
Websitehelionenergy.com

Helion Energy is developing a magnetic-confinement fusion-energy system using a field-reversed-configuration pulsed approach. Microsoft pre-signed a power-purchase agreement for fusion electricity beginning 2028, the first commercial fusion-power contract. Helion's seventh prototype Polaris is the first machine targeted at net electricity.

Funding rounds

DateRoundAmountLead
2025-01-28series-d+$425.0Mlightspeed

Detected tech stack

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Provenance

FactStatusBasis
Series D+, $425.0Mattributedtechcrunch named as publisher. No document URL on file.
Total raised $1.0Battributedtechcrunch named as publisher. No document URL on file.
Company existencesourcedY Combinator named as publisher. Document, retrieved 2026-09-17.
Descriptionself-reportedhelionenergy.com, read 2026-05-06

Change history

Date
2026-09-24Existence: self-reported → sourced, Y Combinator, document, retrieved 2026-09-17

Records begin 2026-09-24. All changes