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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
Energy, Clean Energy, Nuclear
2019
101-250
Headquarters locations
United States, North America
Social
N/A
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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.
Funding Rounds
3
4
0
$82.5M
Details
2
Type One Energy has raised a total of $82.5M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2023 | Seed | 29.0M | ||
2024 | Seed | 53.5M |
Investors
Type One Energy is funded by 27 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Vignesh Kumar | - | FUNDING ROUND - Vignesh Kumar | 53.5M |
John Arnold | - | FUNDING ROUND - John Arnold | 53.5M |
Centaurus Capital | - | FUNDING ROUND - Centaurus Capital | 53.5M |
Type One Energy | - | FUNDING ROUND - Type One Energy | 53.5M |
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