Helion Energy
Facts
- HQ
- Everett, Wash.
- Sectors
- Renewable Energy Power Generation
- Founded
- 2013
- Type
- Corporation Seattle business license
- Employees
- 595
- Registered name
- Helion Energy Inc Seattle business license
- Stage
- startup
- Founders
- DAVID KIRTLEY, Chris Pihl, George Votroubek, Anthony Pancotti, John Slough
GeekWire Names Adaptive Biotechnologies, Blink, Helion, Impinj, and Treasury4 as 2023 Workplace of the Year Finalists
The 2023 GeekWire Awards announced five finalists for Workplace of the Year—Adaptive Biotechnologies, Blink, Helion, Impinj, and Treasury4—highlighting their employee-friendly policies amid recent challenges. Winners will be revealed on May 18 following community voting and judge evaluations.
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.
Startups, superheroes, and the economy at a crossroads: Voices from Seattle's tech community
After holding the GeekWire Awards virtually for the past two years, there was a feeling of real catharsis Thursday evening as hundreds of people streamed through the doors of the Showbox Sodo in Seattle for our annual celebration of the Pacific Northwest's top tech startups, leaders, and innovations. For the finalists in the 2022 GeekWire Awards, recognition at the superhero-themed show came with the added bonus of knowing that their companies made it through a period of unprecedented challenge and change. But the week also brought a new sense of uncertainty about what's to come. [Related Post: 2022 GeekWire Awards…
GeekWire returns in person for 2022 Awards at Showbox SoDo, honoring 60+ finalists across 15 categories with 16,000+ votes
GeekWire held its first in-person GeekWire Awards in three years at Showbox SoDo in Seattle, honoring 60+ finalists across 15 categories with over 16,000 community votes and appearances by local tech leaders and entertainers.
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.
U.S. VC Hits $330B in 2021; Washington State Pulls $8.5B Across 549 Deals, 9 New Seattle Unicorns
Venture capital hit record highs in the U.S. in 2021 with $330 billion across 17,054 deals, and Washington state saw $8.5 billion invested in 549 deals (a 77% increase over 2020), driven in part by newly minted unicorns in the Seattle area.
GeekWire updates Seattle list as Highspot raises $248M at $3.5B; SeekOut and Icertis added to 16 local unicorns
GeekWire updated its list of Seattle-area 'unicorn' startups (privately held companies valued at $1B+) after additions and a valuation change for Icertis, noting recent entrants like SeekOut and Highspot, which raised $248 million at a $3.5 billion valuation. The article highlights that the Seattle cohort includes 16 unicorns, none led by a female or Black CEO, and that many CEOs have Microsoft backgrounds amid a global surge in unicorns and venture funding.
General Fusion raises $130M with Bezos Expeditions participation, total funding reaches ~$300M as firm readies UK fusion demonstration plant
General Fusion raised $130 million, bringing its total funding to about $300 million, with participation from Jeff Bezos’s Bezos Expeditions; the company will use the funds to advance its fusion technology, build a Fusion Demonstration Plant near London, and expand research facilities in Vancouver and Tennessee.
Helion Raises $500M — Potential $1.7B More — to Build Polaris Fusion Generator, Aiming for 2024 Demonstration in Everett, Wash.
Helion Energy raised $500 million (with up to $1.7 billion more contingent on milestones) to build its Polaris fusion generator and finish a demonstration facility in Everett, Wash., aiming to operate in 2024 and move toward commercializing fusion power.
People
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David Kirtley Founder, Co-founder and CEO, Founder and CEO
