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Top 32 Fusion Energy startups
Dec 11, 2024 | By Alexander Gillet | 18 |
Fusion Energy - is an attempt to build Sun-like reactor on Earth that produces times more energy than it consumes. In a fusion process, two lighter atomic nuclei (deuterium and tritium) combine to form a heavier nucleus, while releasing energy.
1
Country: USA | Funding: $2B
Commonwealth Fusion develops energy through inexhaustible power plant. It uses rare-earth barium copper oxide superconductor technology to develop energy.
Commonwealth Fusion develops energy through inexhaustible power plant. It uses rare-earth barium copper oxide superconductor technology to develop energy.
2
Country: USA | Funding: $1.3B
TAE Technologies intends to create a new source of clean energy – one that’s powered by nature’s own processes and produces no harmful byproducts. It's on a path to commercial fusion energy and pioneering sustainable solutions for a better tomorrow.
TAE Technologies intends to create a new source of clean energy – one that’s powered by nature’s own processes and produces no harmful byproducts. It's on a path to commercial fusion energy and pioneering sustainable solutions for a better tomorrow.
3
Country: USA | Funding: $577.8M
Helion Energy utilizes fusion energy to deliver clean, safe electricity.
Helion Energy utilizes fusion energy to deliver clean, safe electricity.
4
Country: Canada | Funding: $370.5M
General Fusion is developing utility-scale fusion power using a new, patent pending concept based on recent developments in Magnetized Target Fusion (MTF). It is the goal of General Fusion to demonstrate and commercialize this new clean, safe and economical concept by the end of the decade.
General Fusion is developing utility-scale fusion power using a new, patent pending concept based on recent developments in Magnetized Target Fusion (MTF). It is the goal of General Fusion to demonstrate and commercialize this new clean, safe and economical concept by the end of the decade.
5
Country: USA | Funding: $337.8M
Zap Energy is a fusion energy technology company building a fusion reactor that does not employ magnets.
Zap Energy is a fusion energy technology company building a fusion reactor that does not employ magnets.
6
Country: UK | Funding: $287M
Tokamak Energy aims to accelerate the development of fusion energy. Tokamak Energy was founded by leading scientists from the world’s leading fusion research establishment at Culham to develop the potential to use fusion neutrons for a variety of applications from material treatments to medical applications or low cost hydrogen production. The technology is also applicable in the area of nuclear waste, where it...
Tokamak Energy aims to accelerate the development of fusion energy. Tokamak Energy was founded by leading scientists from the world’s leading fusion research establishment at Culham to develop the potential to use fusion neutrons for a variety of applications from material treatments to medical applications or low cost hydrogen production. The technology is also applicable in the area of nuclear waste, where it...
7
Country: China | Funding: CN¥1.5B
Neo Fusion operates as a nuclear fusion startup develops technologies to harness the power of the Sun to bring controlled fusion for commercial uses.
Neo Fusion operates as a nuclear fusion startup develops technologies to harness the power of the Sun to bring controlled fusion for commercial uses.
8
Country: USA | Funding: $117.8M
Xcimer Energy offers a laser-driven fusion to provide cheap, abundant, and carbon-free energy.
Xcimer Energy offers a laser-driven fusion to provide cheap, abundant, and carbon-free energy.
9
Country: UK | Funding: $107M
First Light Fusion (FLF) develops Inertial confinement fusion reactor that can produce power.
First Light Fusion (FLF) develops Inertial confinement fusion reactor that can produce power.
10
Country: Japan | Funding: ¥13.9B
Kyoto Fusioneering is a research & development, design, and manufacture of parts related to fusion reactors.
Kyoto Fusioneering is a research & development, design, and manufacture of parts related to fusion reactors.
11
Country: USA | Funding: $82.5M
Type One Energy uses an enhanced version of a 1957 experimental device invented by US scientist Lyman Spitzer called the “stellarator” to generate nuclear fusion reactions.
Type One Energy uses an enhanced version of a 1957 experimental device invented by US scientist Lyman Spitzer called the “stellarator” to generate nuclear fusion reactions.
12
Country: USA | Funding: $79M
Focused Energy works to commercialize inertial fusion energy (IFE), which involves the use of high-power laser beams to spark a fusion reaction.
Focused Energy works to commercialize inertial fusion energy (IFE), which involves the use of high-power laser beams to spark a fusion reaction.
13
Country: Germany | Funding: €62M
Its innovative approach to fusion energy sets Marvel Fusion apart from its competitors. Instead of relying on temperature to reach fusion conditions, Marvel Fusion uses particle acceleration, making the approach much more efficient than conventional thermal approaches to fusion.
Its innovative approach to fusion energy sets Marvel Fusion apart from its competitors. Instead of relying on temperature to reach fusion conditions, Marvel Fusion uses particle acceleration, making the approach much more efficient than conventional thermal approaches to fusion.
14
Country: USA | Funding: $51.6M
Avalanche Energy is a fusion energy startup that develops micro-fusion reactors that can be used in space.
Avalanche Energy is a fusion energy startup that develops micro-fusion reactors that can be used in space.
15
Country: Germany | Funding: €27.5M
Proxima Fusion creates new types of power plants using stellarators that optimised to create magnetic cages for high-energy particles.
Proxima Fusion creates new types of power plants using stellarators that optimised to create magnetic cages for high-energy particles.
16
Country: Israel | Funding: $22M
NT-Tao is an alternative energy startup that specializes in the field of compact fusion technology.
NT-Tao is an alternative energy startup that specializes in the field of compact fusion technology.
17
Country: Australia | Funding: $22M
HB11 Energy is developing Laser Hydrogen Boron-11 fusion to provide a new source of unlimited, clean, safe and reliable energy. Our mission is to generate electricity using laser-ignited non-thermal fusion.
HB11 Energy is developing Laser Hydrogen Boron-11 fusion to provide a new source of unlimited, clean, safe and reliable energy. Our mission is to generate electricity using laser-ignited non-thermal fusion.
18
Country: USA | Funding: $20M
Thea Energy is taking a faster approach to commercialize fusion energy.
Thea Energy is taking a faster approach to commercialize fusion energy.
19
Country: Japan | Funding: $19.4M
With our helical-type fusion reactors, Helical Fusion will create a sustainable and stable energy source that will enable the coexistence of humans and the Earth for the next million years.
With our helical-type fusion reactors, Helical Fusion will create a sustainable and stable energy source that will enable the coexistence of humans and the Earth for the next million years.
20
Country: France | Funding: $16.4M
Renaissance Fusion is a high-temperature superconductor and stellarator company. Unlike most nuclear fusion experiments that are based on tokamaks, Renaissance Fusion is working on a stellarator reactor.
Renaissance Fusion is a high-temperature superconductor and stellarator company. Unlike most nuclear fusion experiments that are based on tokamaks, Renaissance Fusion is working on a stellarator reactor.
