Type One Energy

Type One Energy

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Organization

Contact Information

Overview

Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. The company was formed in 2019 by a team of globally-recognized fusion scientists with a strong track record of building state-of-art stellarator fusion machines, together with veteran business leaders experienced in successfully scaling companies and commercializing energy technologies. Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system. Its FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy. For more information, visit https://www.typeoneenergy.com/

About

Industries

Energy, Clean Energy, Nuclear

Founded

2019

Employees

101-250

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Type One Energy headquartered in United States, North America, operates in the Energy, Clean Energy, Nuclear sector. The company focuses on Energy and has secured $3.0B in funding across 36 round(s). With a team of 101-250 employees, Type One Energy is actively contributing to advancements in Energy. Their latest funding round, Seed Round - Type One Energy, raised $53.5M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Brian Matthews

Brian Matthews

Co-Founder

imagePlace Chris Hegna

Chris Hegna

Co-Founder, VIce President of Stellarator Physics Optimization and Principal Scientist

imagePlace John Canik

John Canik

Co-Founder and Chief Science Officer

imagePlace David Anderson

David Anderson

Co-Founder and VP - Systems Engineering

Funding Rounds

Funding rounds

3

Investors

4

Lead Investors

0

Total Funding Amount

$82.5M

Details

2

Type One Energy has raised a total of $82.5M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2023Seed29.0M
2024Seed53.5M

Investors

Type One Energy is funded by 27 investors.

Investor NameLead InvestorFunding RoundPartners
Vignesh Kumar-FUNDING ROUND - Vignesh Kumar53.5M
John Arnold-FUNDING ROUND - John Arnold53.5M
Centaurus Capital-FUNDING ROUND - Centaurus Capital53.5M
Type One Energy-FUNDING ROUND - Type One Energy53.5M

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