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Tim De Chant / TechCrunch

Helion raises $425M, valued at $5.245B, to accelerate Polaris fusion reactor and meet Microsoft 2028 power deal

Helion Energy raised $425 million in a Series F that values the company at $5.245 billion and will fund in-house manufacturing as it advances Polaris, its seventh prototype, toward producing electricity and meeting a 2028 contract to supply Microsoft.

DDavid Kirtley HHelion Energy
More: GeekWire, Reuters
  • GeekWire / Lisa Stiffler: Helion Energy Raises $425 Million from Sam Altman, SoftBank, and Others, Valued at Over $5.4 Billion to Advance Fusion Power
  • Reuters / Stephen Nellis: Helion Energy raises $425 million led by SoftBank Vision Fund 2, values company at $5.4 billion
Comments: Ramez Naam
X: Ramez Naam A long time ago I worked on neural nets at Microsoft. They started single layer (it was a long time ago) and then progressively got deeper. And we built tools to interpret...
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