Helion and CFS Trade Equity for $260 Million in Federal Awards
Commerce awarded Helion $175M and CFS $85M under CHIPS — in exchange for non-voting equity. Helion's stake works out to about 1% of its $15.5B valuation.
Topic
Fusion Energy
Topic
Fusion Energy
Commonwealth Fusion Systems Lands $85M CHIPS Award for Fusion Semiconductors
CFS gets $85M from the Commerce Department to build fusion-ready semiconductors, from silicon carbide power electronics to radiat…
Helion Lands $175 Million Federal Award to Build Fusion-Grade Semiconductors
Helion secured $175 million from the Commerce Department to build U.S.-made fusion semiconductors, plus $50 million in private fu…
Cambridge Heavy Industries Raises $6.2M for Desktop Fusion Device
Stealth startup Cambridge Heavy raised $6.2M for a benchtop fusion reactor and plans to sell scarce tritium, at $30,000 per gram,…
Licube bets $50 billion lithium-6 market arrives by 2040
Licube, licensing Hirosaki University tech, purifies lithium-6 for fusion fuel breeding. CEO Yohei Kiguchi sizes the market at $5…
Atlas Atomics Lands $400M as Energy Startups Pull in Fresh Capital
Atlas Atomics raised $400 million, Axios reports, leading a funding cluster that also delivered $225 million to flexibility platf…
Helion's Series G Grows to $500M as Microsoft Deadline Looms
Helion Energy added $35 million to its Series G, bringing the round to $500 million and total funding past $1.5 billion as it rac…
Nuclear Startups Raised Over $6 Billion in 2026 — a Record
Nuclear startups raised over $6 billion in 2026, a record per Crunchbase, yet newly public nuclear stocks like X-energy and Oklo…
Type One Energy Closes $200M Series B Funding Round
Type One Energy has closed a $200 million Series B funding round, Techli reports, one of the larger private raises recorded for a…
Fusion Startup Shine Technologies Hires Goldman, JPMorgan for IPO
Shine Technologies has hired Goldman Sachs and JPMorgan to lead its IPO, Axios reports, moving the fusion energy startup into for…