Helion closes $500m Series E

5 November 2021

Helion successfully completed its Series E funding round, securing $500 million led by Sam Altman and supported by existing investors like Dustin Moskovitz, Mithril Capital, and Capricorn Investment Group. The funds, totaling a potential $2.2 billion, will aid in completing the construction of their fusion generator, Polaris, with a goal of achieving net electricity production in 2024.

Exclusive member content

If you are a FusionXInvest member, please login to continue reading.

Not yet a member? View our subscription options or begin a trial membership today to get access to the newest articles and select company profiles.