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Despite the challenges, Helion claims it will build the world’s first nuclear fusion power plant by 2028 and has already secured a purchase agreement from Microsoft.

Helion just raised $425 million in fresh funding for its bid to be the first to produce electricity through nuclear fusion. That brings the total investment into Helion to $1 billion, and it's ...

Helion is using a different approach by dispensing with the steam turbine. Fuel (deuterium and helium-3) is injected into both ends of the hourglass shaped reactor, then heated to form a plasma.

The latest funding round brings the total investment in Helion to more than $1bn and values the company at $5.425bn post-money. Lightspeed Venture Partners managing partner and co-founder Ravi Mhatre ...

Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture funding from a group of investors including SoftBank Group's Vision Fund 2.

Helion also announced in 2023 that Microsoft had agreed to purchase power from its first fusion power plant, which Jain says will put the “first electrons on the grid by 2028.” ...

Helion, whose board is chaired by OpenAI CEO Sam Altman, announced an "oversubscribed and upsized" Series F funding round ...

Helion announced Tuesday a $425 million Series F raise that pushed its valuation $5.245 billion. The startup also flipped the switch last month on its latest prototype, Polaris, which it ...

Founded in 2013, Helion is in the news thanks to a $425 million funding round, backed by billionaires like Sam Altman and ...