Helion Raises $375M in Growth

Helion has successfully raised $375M in a Growth at a $3B valuation led by Sam Altman, Mithril Capital, Capricorn Investment Group.

Company Overview

Helion is a Energy company headquartered in Everett, WA, founded in 2013 with 200+ employees.

Fusion power technology

Fundraising Details

Amount Raised: $375M
Round Type: Growth
Valuation: $3B
Date: 2025-01-18
Investors: Sam Altman, Mithril Capital, Capricorn Investment Group

About Helion

Fusion power technology The company is positioned in the Energy sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Everett, WA
Founded: 2013
Team Size: 200+
Industry: Energy

What This Means

This funding round demonstrates strong investor confidence in Helion's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Energy sector continues to attract significant investment as companies innovate to meet evolving market demands. Helion's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $3B valuation marks an important milestone for Helion, positioning the company among notable players in the Energy industry.

Looking Ahead

With this new capital, Helion is well-positioned to execute on its growth strategy and continue building innovative solutions in the Energy space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-01-18. For more information about Helion, visit their headquarters at Everett, WA.