Fusion startups just had their best year since 2022, pulling in $2.64B in new funding as investor confidence rebounds and pilot plants inch closer to reality. That’s up 178% from last year. (FIA)
Major deals driving the increase? Pacific Fusion’s $900M Series A, Helion’s $425M Series F, and Marvel Fusion’s €113M Series B.
Yes, but: When asked how much more funding they’d need to bring pilot plants online, the median response from fusion companies was $700M.
Still, 84% of fusion companies believe they’ll deliver power before the end of the 2030s, with 53% eyeing 2035.