FundraiseBase by

Type One Energy

$287M raised across 2 rounds tracked here. Latest: Series B, $200M on 6 October 2026.

Rounds 2

Series B, 6 October 2026$200M

Type One Energy raised $200 million in a Series B to advance development of a commercial fusion power plant targeted for 2034.

Amount: $200M
Stage: Series B
Announced: 6 October 2026
Leads: Breakthrough Energy Ventures, Clutterbuck Capital
Other investors: Lowercarbon Capital, Siemens Energy Ventures, SiteGround Capital
Use of funds: Move halfway toward groundbreaking on a 400-megawatt commercial power plant.
Checked: Amount and date matched across 2 press sources

Round, 14 January 2026$87M

Type One Energy raised $87 million ahead of a planned $250 million Series B.

Amount: $87M
Announced: 14 January 2026
Total raised: $160M to date
Checked: Amount and date checked against the press source

Company

Develops fusion power plants and integrates reactor components

Based in: Knoxville, United States
Founded: 2019
Sector: Climate & Energy
Website: typeoneenergy.com ↗

Founder

Christofer MowryCEO

Sources and links

Sources: Type One Energy Raises $200M in Series B Funding - FinSMEs news.google.com, 6 October 2026
Type One Energy raised $200M to build a fusion power plant by 2034 | TechCrunch techcrunch.com, 6 October 2026
Exclusive: Bill Gates-backed Type One Energy raises $87M ahead of $250M Series B - TechCrunch news.google.com, 14 January 2026
Website: typeoneenergy.com ↗

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