At Type One Energy, we are mission-driven to provide sustainable, affordable fusion power to the world over the coming decade.
Location: United States, Wisconsin, Madison
Employees: 11-50
Total raised: $111.4M
Founded date: 2019
Investors 4
Date | Name | Website |
17.10.2024 | Global Fro... | gd1.vc |
10.01.2024 | SeaX Ventu... | seaxventur... |
24.06.2023 | Orbia Vent... | orbia.com |
21.03.2023 | Grantham F... | granthamfo... |
Funding Rounds 2
Date | Series | Amount | Investors |
11.08.2024 | Seed | $82.4M | - |
28.03.2023 | Seed | $29M | - |
Mentions in press and media 8
Date | Title | Description |
11.08.2024 | Type One Energy Group: Affordable Fusion Power Company Raises $82.4 Million (Seed) | Type One Energy announced the final closing of its $82.4 million seed financing round, bringing in a broad base of global investors to the company and its FusionDirect program, which is pursuing a direct path to commercializing fusion energ... |
02.08.2024 | Type One Energy Group Closes $82.4M Seed Financing Round | Type One Energy, a Knoxville, Tenn.-based provider of sustainable fusion power, closed its $82.4m seed financing round. Backers included Centaurus Capital, GD1, Foxglove and other funds from Australia. In addition to bringing new investors ... |
29.08.2023 | 7 founders explain what fusion power needs to go mainstream | If the 2020s are going to be the decade of AI, then the 2030s could be the decade of fusion power — that is, if the sector’s startups are able to deliver. Fusion power has never had a more solid foundation. Advances in semiconductors, magne... |
24.08.2023 | 7 founders and CEOs discuss fusion power’s most pressing challenges | The hype around fusion power is real. Researchers at the National Ignition Facility achieved net-positive controlled nuclear fusion in December 2022, a milestone that’s been decades in the making. Then, earlier this month, they did it again... |
28.03.2023 | Fusion startup Type One Energy gets $29M seed round to fast-track its reactor designs | One fusion startup is betting that a 70-year-old idea can help it leapfrog the competition, so much so that it’s planning to skip the experimental phase and hook its prototype reactor up to the grid. The decades-old concept, known as a stel... |
- | Type One Energy | “At Type One Energy, we are mission-driven to provide sustainable, affordable fusion power to the world over the coming decade.” |
- | Type One Energy | “HOME | Type One Energy” |
- | Type One Energy Closes $29 Million To Provide Affordable Fusion Globally | Type One Energy Group has raised $29 million in funding. Type One Energy Group – a company that has a goal of providing sustainable and affordable fusion power globally – announced the closing of an over-subscribed $29 million financing rou... |