Helion raises $465 million at $15.5 billion valuation

Helion said it raised $465 million in a funding round led by Thrive Capital, giving the nuclear fusion startup a $15.5 billion post-money valuation. The new valuation is nearly three times its previous $5.43 billion level. Backed by OpenAI co-founder Sam Altman, the company plans to use the capital to expand power generation and testing facilities, validate key technologies, and advance long-term power supply agreements for its first commercial fusion plants.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.