Avalanche Energy
Facts
- HQ
- United States
- Sectors
- Renewable Energy Power Generation
- Founded
- 2018
- Employees
- 64
- Stage
- Startup
- Founders
- Robin Langtry, Brian Riordan
General Fusion’s GFUZ Debuts on Nasdaq as Fusion Private Funding Hits $4.5B in 12 Months
General Fusion became the first fusion energy company to list on a major exchange when GFUZ debuted on Nasdaq, sending its stock higher. The Fusion Industry Association report said private funding for fusion companies reached $4.5 billion in the past 12 months and $13.3 billion over five years, driven partly by demand from AI data centers and large rounds like Helion Energy’s $465 million raise.
Microsoft Partners with Helion Energy for Fusion-Powered Data Centers by 2028 Amid $1.5B Investment; Zap Energy Pursues Alternative Fusion and Micro-Reactors
Microsoft has contracted Helion Energy to supply electricity to future data centers powered by fusion energy, with Helion aiming to launch the world's first commercial fusion device by 2028. Meanwhile, Zap Energy, supported by the US DOE, pursues an alternative fusion approach and plans interim revenue through micro-reactors combining fusion and fission technologies.
Starcloud Becomes Fastest Y Combinator Unicorn at $1.1B as Fusion Leader Helion Tops GeekWire 200 with $15.5B Valuation
The latest GeekWire 200 highlights a shift in the Pacific Northwest startup scene toward physical products like rockets, fusion reactors, and space-based data centers, with Starcloud becoming the fastest Y Combinator unicorn valued at $1.1 billion. Helion maintains the top spot with a $15.5 billion valuation, while notable companies like Stoke Space, Overland AI, and new unicorn XBOW also make significant moves.
Zap Energy Adds Nuclear Fission to Fusion Effort, Names Zabrina Johal CEO to Lead Dual-Track Power Strategy
Zap Energy is expanding its nuclear power efforts by adding traditional fission to its fusion technology, appointing Zabrina Johal as CEO to lead the combined approach. The company aims to integrate both nuclear methods to accelerate development and reduce risks amid growing demand for carbon-free energy.
Avalanche Energy Secures $29M Led by RA Capital to Develop Desktop-Sized Fusion Power and Launch FusionWERX Facility
Seattle's Avalanche Energy raised $29 million led by RA Capital Management to advance fusion power and open FusionWERX, a commercial-scale test facility in Washington. The funding supports developing compact fusion devices for specialized applications, diverging from competitors focusing on large-scale fusion reactors.
Seattle Fusion Startup Avalanche Energy Raises $14.9 Million to Advance Compact Fusion Devices
Seattle startup Avalanche Energy raised $14.9 million in a new funding round to develop compact fusion energy devices and pursue commercial applications. The company already secured $50 million from investors and contracts including a Pentagon deal and a $10 million state grant for a fusion testing facility.
Pacific Northwest Leads Fusion Energy Efforts with Helion Energy's $1B Project Starting and Zap Energy's Reactor Advances
The Pacific Northwest has become a fusion energy hub, highlighted by Seattle Fusion Week, with key companies like Helion Energy starting commercial fusion plant construction and Zap Energy advancing reactor milestones. Despite technical challenges, regional firms and research institutions continue efforts toward achieving cost-effective fusion power by the late 2020s.
Avalanche Energy Receives $10M Washington State Grant to Build FusionWERX Fusion Energy R&D Site
Avalanche Energy secured a $10 million grant from the Washington State Department of Commerce to build FusionWERX, a commercial-scale fusion energy testing facility in Richland, Washington, aimed at supporting fusion R&D and job creation. The facility will serve universities, companies, and government labs to advance fusion power technologies and the clean energy supply chain.
Seattle Fusion Startups Helion, Zap, Avalanche Clash Over Commercial Power Timelines at Investor Summit
At a Seattle-area Technology Alliance event, fusion startups Helion Energy, Zap Energy, and Avalanche Energy debated their timelines and challenges in commercializing fusion power, with Helion targeting a 2028 fusion power plant for Microsoft and competitors expressing skepticism about such aggressive goals.
Helion Energy to Build World's First Fusion Plant in Malaga, Washington, Powering Microsoft Data Centers with 50MW
Helion Energy plans to build the world's first fusion power plant near the Rock Island Dam in Malaga, Washington, aiming to begin construction this summer and provide 50 megawatts of clean energy to Microsoft data centers. The company, backed by over $1 billion in investments from notable investors like Sam Altman and SoftBank, has been engaging extensively with the local community and authorities to secure permits and support.
Avalanche Energy Raises $40M Series A Led by Lowercarbon Capital and Hits 200 kV Fusion Milestone with Device Marty
Avalanche Energy, a Seattle-based micro-fusion startup, secured $40 million in a Series A funding round led by Lowercarbon Capital and announced a technology milestone operating its fusion device Marty at 200 kV. The company aims to develop small-scale fusion power with the potential for unlimited clean energy and plans to reach 300 kV within the next year.
CTFusion Shuts Down After Failing to Raise Venture Capital; Co-Founders Join Rival Zap Energy
CTFusion, a University of Washington spinoff fusion startup, ceased operations after failing to secure venture capital despite $20 million in government grants. Three of its four co-founders have joined rival company Zap Energy, as the Pacific Northwest remains a key region for fusion energy development.
Seattle's Zap Energy Raises $160M Led by Bill Gates and Creates Plasma in Fusion Prototype
Seattle startup Zap Energy announced a breakthrough in fusion power by creating plasma in its latest prototype and raising $160 million in funding led by Bill Gates' Breakthrough Energy Ventures. The company aims to achieve fusion breakeven by increasing current in its innovative Z-pinch device.
Avalanche Energy, Founded by Blue Origin Vets, Raises $5M to Develop Small-Scale Fusion Device, Achieves First Neutron Fusion
Avalanche Energy, founded by former Blue Origin executives Robin Langtry and Brian Riordan, is developing a small-scale fusion energy device and recently raised $5 million in seed funding. The Seattle-based startup has generated its first neutrons via fusion and secured an international patent, aiming for a simpler, scalable fusion solution.
People
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Robin Langtry Founder, Co-founder and CEO
