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Planet First Partners

Investment Management

Facts

HQ
Senningerberg, Luxembourg, LU
Sectors
Investment Management
Founded
2020
Employees
26

Private Fusion Funding Tops $4.48B in 2025 as Helion, Backed by Sam Altman, Signs 50 MW PPA with Microsoft for 2028

Private nuclear fusion investments reached a record $4.48 billion in 2025, driven by AI data center energy demand and energy security concerns, with 71% of fusion companies expecting commercial grid power in the 2030s. Helion Energy, backed by Sam Altman, began building its Orion plant in Malaga, Washington, secured a $465 million Series G led by Thrive Capital, and holds a binding PPA to deliver at least 50 MW to Microsoft by 2028.

Crunchbase: Over 40% of 2026 Seed and Series A Rounds Exceed $100M as AI Startups Attract Mega-Funding

Crunchbase data shows that in 2026 over 40% of seed and Series A rounds are $100 million or larger, driven largely by AI startups. Recent examples include Humans& ($480M seed), Ricursive Intelligence ($300M Series A) and Merge Labs ($252M seed), while mega-investments from SoftBank and cross-investments among Musk-led companies highlight escalating capital flows and concentration.

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