If the 2020s are going to be the decade of AI, then the 2030s could be the decade of fusion power. That is, if the sector’s startups are able to deliver.
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Every fusion startup that has raised over $300M
Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and tantalizing technology that has drawn investors off the sidelines. The technology may be challenging to master and expensive to build today, but fusion promises to harness the nuclear reaction that powers the sun to generate nearly limitless energy here on Earth. If startups are able to complete commercially viable fusion power plants, then they have the potential
Sep 14, 2024
Every fusion startup that has raised over $100M
Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.
Dec 31, 2025
Commonwealth Fusion Systems just picked its first commercial site partly because of its proximity to Washington, D.C.
Commonwealth Fusion Systems will build its first commercial-scale power plant just outside of Richmond, Virginia, the company announced Tuesday, with a goal of hooking it up to the grid in the early 2030s. Fusion power has long been derided as being decades away, but the new milestone assumes the possibility of commercial operations within the next decade. That confidence is echoed by many in the field after the National Ignition Facility demonstrated two years ago that controlled fusion reacti
Dec 17, 2024
Marvel Fusion lands $70M for laser-powered fusion bet
When it comes to fusion power, there are two basic approaches: One, create a small star here on Earth that’s held in place by powerful magnetic fields. Two, use intense lasers to make a succession of even smaller stars, but repeat the process several times per second. Moritz von der Linden likes his odds with the latter. In a world racing to wean itself off fossil fuels, fusion power promises to be an effectively limitless supply of energy, using widely available materials to recreate condition
Sep 25, 2024