Helion gets $425M for its fusion goals [View all]
EVERETT — Helion received $425 million in new funding to expand its goal to build nuclear plants using fusion energy, the Everett fusion energy company announced Tuesday.
This boosts the overall total to more than $1 billion for its efforts to deliver carbon-free electricity without the drawbacks of traditional nuclear power, such as radioactive waste.
A who’s who of tech investors for Helion include Open AI CEO Sam Altman, Japanese investment firm’s SoftBank Vision Fund 2, Lightspeed Venture Partners, Facebook co-founder Dustin Moskovitz through the Good Ventures Foundation, Mithril Capital and the Capricorn Investment Group.
Altman is the Everett company’s biggest investor, already contributing at least $375 million.
https://www.heraldnet.com/news/helion-gets-425m-for-its-fusion-goals/
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