Helion Energy Inc. Tagline The future of energy Management Dr. David Kirtley, CEO, Dr. John Slough, Chief Science Officer, Dr. George Votroubek, Principal Scientist Funding Mithril, Y combiner, Capricon investment group No Comments. See insights on Helion Energy including office locations, competitors, revenue, … Funding. TechCrunch has the details (for now). Helion Energy received $10.6 million in 2015. The Fusion Engine's patented reactor technology is based on award winning and peer reviewed research. Helion's commercial strategy is to build fusion reactors in Washington, with capacity of about 50 megawatts, and deploy them at industrial facilities. These are the perfect partners to bring commercially practical fusion energy to reality. Their latest funding was raised on Jan 1, 2019 from a Series C round. Thiel’s Helion Energy and Gates’s Commonwealth Fusion Systems are similarly developing intellectual property ... said the fact that investors are still funding … View company info, jobs, team members, culture, funding and more. Helion announces new funding and partners! Helion Energy has been working to make a pulsed commercial nuclear fusion generator 1,000 times smaller, over 500 times cheaper, and realizable 10 times faster than other approaches. Helion Energy received $7 million in funding from NASA, the U.S. Department of Energy and the Department of Defense, followed by $1.5 million from the private sector in August 2014, through the seed accelerators Y Combinator and Mithril Capital Management. By David Kirtley August 14, 2014 August 15th, 2014 Uncategorized. Helion Energy has 16 employees at their 1 location and $12.10 m in total funding,. Funding seems to be main issue maintaining the dates and currently Helion Energy is not committing to dates. Helion is creating technology it calls “The Fusion Engine,” which would use helium from engine exhaust, according to the company’s website. We are please to announce the YCombinator and Mithril Capital have invested in Helion Energy! Recent technology breakthroughs enable clean fusion energy now. Helion Energy has raised 5 rounds. Helion Energy has raised $10.6 million in a new funding round to develop technology that aims to create a fusion reactor to generate power. Mithril Capital Management and Capricorn Investment Group are the most recent investors. Tokamak Energy is pleased to announce that it has closed its latest investment round, taking the total amount of investment in the business to over £50 million. The company raised an additional $10.6 million in July, 2015. Helion Energy is funded by 4 investors. 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