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DefDex

Startup · United States

Helion

HQ Everett, WashingtonFounded 2013201-500 employeesUpdated

Develops fusion systems and commercial fusion power plants.

Website

Funding10 rounds · $1.53B

Equity raised
$1.53B
Debt, secondaries & grants
$5.0M
Latest
$500MSeries E+ · Jun 4, 2026
Cumulative raised$1.53B
Aug 14, 2014Jun 4, 2026
  • Series E+
    Confirmed
    $500M
    Jun 4, 2026
  • Series E+
    $425M
    Jan 28, 2025
  • Strategic
    $35.0M
    Sep 27, 2023
  • Series E+
    $500M
    Nov 5, 2021
  • Series D
    $40.0M
    Sep 23, 2020
  • Series C
    $10.0M
    Jan 1, 2019
  • $21.3M
    Jan 1, 2016
  • Grant
    $5.0M
    Oct 1, 2015
  • Series A
    Undisclosed
    Jul 6, 2015
  • $1.5M
    Aug 14, 2014

Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.

Capabilities1

  • Developer
    classify_sectors run 37, haiku, taxonomy 2026-10-18b: Develops fusion systems and commercial fusion power plants with no defense use stated.
    —Reported

Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.

People
PersonRole
Chris PihlCo-founder
David KirtleyCo-founder
George VotroubekCo-founder
John SloughCo-founder
Pragav JainCFO
Savanna ThompsonChief Business Operations Officer

Sources4

Profile1

  1. 1

    Supports Organization · linkedin url

    “https://www.linkedin.com/company/helion-energy”

Funding2

  1. 2

    Supports Funding round, Funding round · investors, Organization, Organization · ownership

    “Helion closed its oversubscribed Series G at $500M in September 2026, up from an initial close of $465M. The funding was capped despite additional investor interest.”
  2. 3

    Supports Funding round, Organization · employee range, Organization · founded year, Organization · hq city, Organization · hq region, Role

    “funding round: Series D, 2020-09-23, USD 40,000,000, lead: Dustin Moskovitz”

People1

  1. 4

    Supports Role

    “Helion was founded in Washington State by Dr. David Kirtley, Chris Pihl, Dr. John Slough, and Dr. George Votroubek”

Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.