With the latest round of funding, Helion has raised over $1 billion in capital since it was founded in 2013. The company ...

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.

Helion Energy Inc., a startup working to develop commercial fusion reactors, today announced that it has closed a $425 million late-stage funding round. The Series F deal included the ...

The global race toward creating an energy source that is carbon-free, consistent, and low risk is more than a decade in the making—and Helion Energy believes the end is in sight. The ...

US-based Helion Energy recently unveiled its latest prototype in Everett, Washington, before announcing a $425 million funding round this week. Among the investors was Mr Altman, who has ...

A nuclear fusion startup backed by OpenAI founder Sam Altman has raised nearly half a billion dollars to build what it hopes to be the world’s first power plant using the next-generation energy source ...

Helion uses powerful magnets and electronic components such as capacitors and thyristors - which allow power to flow in only one direction - to capture fusion energy directly through ...

Helion’s facility in Everett, Wash. (Helion Photo) Helion Energy announced a $425 million funding round that will help the Seattle-area fusion company chase the “Holy Grail” of clean energy.