Type One Energy Secures $200 Million for Fusion Power Plant
Type One Energy has raised $200 million in Series B funding to develop its 400 MW Infinity Two fusion power plant, targeting a 2034 launch.

Type One Energy has raised $200 million in Series B funding to develop its 400 MW Infinity Two fusion power plant, targeting a 2034 launch.

Rosatom has successfully tested tungsten shielding for the ITER fusion reactor, marking a significant milestone in the development of the project's first wall components.

Type One Energy has raised $200 million in Series B funding to develop its commercial fusion power plant project in Tennessee.

China has officially opened the campus for its Compact Fusion Experimental Device project, marking a key step toward achieving commercial nuclear fusion power by 2030.
Russia plans to invest over 30 ₽ billion into the ITER fusion project between 2027 and 2029 according to the latest federal budget draft.

China has unveiled the HL-4 tokamak concept, an experimental fusion reactor featuring a 25-tesla superconducting magnetic system and AI-driven plasma control.

The UK and US governments have formalized a partnership to accelerate nuclear fusion research using artificial intelligence and supercomputing.

The ITER thermonuclear reactor project will install its sixth sector module containing Russian-made components by the end of 2026.

Fusion energy startups are turning to defense contracts and partnerships to secure funding as traditional climate tech venture capital investment stalls.

Hyundai Motor Group has invested in Commonwealth Fusion Systems, a developer of commercial fusion power plants backed by Bill Gates.

Lausanne-based fusion software startup Fusionality has raised $3.7 million in a pre-seed round led by Founderful and Playfair.

Former Google DeepMind researchers have launched Fusionality, a startup developing control systems for fusion energy, backed by $3.7 million in pre-seed funding.
