SHINE

Raised $240M, announced 26 February 2026.

Round

SHINE completed $240 million in recent funding led by Dr. Patrick Soon-Shiong, who also joins the board.

Amount
$240M
Announced
26 February 2026
Lead
NantWorks
Other investors
Fidelity Management & Research Company, Sumitomo Corporation of Americas, Pelican Energy Partners, Deerfield Management, Oaktree Capital Management
Use of funds
Developing technology to recycle used nuclear fuel and building toward commercial fusion energy production.
Total raised
$1B to date
Checked
Amount and date checked against the press source

Company

Develops fusion-based neutron technology and medical isotope production for healthcare and industry.

Based in
Janesville
Sector
Health
Website
shinefusion.com ↗

Founder

Sources and links

Source
SHINE Completes $240 Million in Recent Funding Led by Dr. Patrick Soon-Shiong, Founder of NantWorks, Who Joins news.google.com
Website
shinefusion.com ↗
LinkedIn
Greg Piefer ↗
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