Everett fusion energy company Helion raises $465 million as it races toward commercial deployment
Helion Energy, an Everett company seeking to produce commercial fusion energy, raised $465 million in a Series G funding round Thursday.
Helion said the raise, which values the firm at $15.5 billion, will accelerate the timeline for commercial deployment of fusion and scale its manufacturing capacity, as it races to make its technology commercially viable.
“Fusion is no longer a future idea, but a path to clean, reliable, affordable, always-on electricity at scale,” CEO David Kirtley said in a news release. “This funding accelerates our ability to deliver on that promise.”
Kirtley told The Information that the fresh funding will allow the company to complete its manufacturing facility in Everett and begin operations at Orion, a 50-megawatt commercial fusion plant the company is building for Microsoft in Malaga, located about 150 miles east of Seattle.
https://www.bizjournals.com/seattle/news/2026/06/04/helion-fusion-energy-fundraise-thrive-capital.html