Startup · United States
TAE Technologies
HQ Foothill Ranch, CaliforniaFounded 1998201-500 employeesUpdated
TAE Technologies is a Foothill Ranch fusion company developing a beam-driven field-reversed configuration reactor designed to run on hydrogen-boron fuel; its Norm machine sustains plasma above 70 million degrees C, and it plans a roughly 50 MWe first power plant, Da Vinci, for the early 2030s.
- SubsidiariesTAE Life SciencesTAE Power Solutions
- Sep 30, 2026Company (high significance)TAE TechnologiesTrump Media & Technology Group and TAE Technologies File Form S-4 Registration Statement for Proposed Merger
- Apr 7, 2026CompanyTAE TechnologiesTAE Technologies Completes Multi-State Site Evaluation Tour for First Fusion Power Plant
- Dec 18, 2025Company (high significance)TAE TechnologiesTrump Media and Technology Group to Merge with TAE Technologies
- Jun 2, 2025CompanyTAE TechnologiesTAE Technologies raises $150 million in latest funding round
Funding10 rounds · $1.15B
- Equity raised
- $1.15B
- Latest
- $150MStage undisclosed · Jun 2, 2025
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Jun 2, 2025 | Undisclosed | $150M | — | — | Chevron Technology Ventures, Google, New Enterprise Associates | Confirmed |
| Dec 22, 2023 | Undisclosed | Undisclosed | — | — | — | Reported |
| Jul 19, 2022 | Series E+ | $250M | — | — | Chevron Technology Ventures, Google, Reimagined Ventures, Sumitomo Corporation of Americas, TIFF Investment Management | Confirmed |
| Apr 8, 2021 | Undisclosed | $280M | — | — | — | Reported |
| May 17, 2019 | Series E+ | Undisclosed | — | — | — | Reported |
| Jan 1, 2019 | Undisclosed | $154M | — | — | — | Reported |
| Sep 17, 2018 | Series E+ | $40.0M | — | — | — | Reported |
| Jan 2, 2017 | Undisclosed | $128M | — | — | — | Reported |
| May 20, 2016 | Undisclosed | $65.0M | — | — | — | Reported |
| Jan 1, 2015 | Undisclosed | $82.0M | — | — | — | Reported |
- $150MJun 2, 2025
- UndisclosedUndisclosedDec 22, 2023
- Series E+With Chevron Technology Ventures, Google, Reimagined Ventures, Sumitomo Corporation of Americas, TIFF Investment ManagementConfirmed$250MJul 19, 2022
- Undisclosed$280MApr 8, 2021
- Series E+UndisclosedMay 17, 2019
- Undisclosed$154MJan 1, 2019
- Series E+$40.0MSep 17, 2018
- Undisclosed$128MJan 2, 2017
- Undisclosed$65.0MMay 20, 2016
- Undisclosed$82.0MJan 1, 2015
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.
Systems2
- Da VinciPlanned 50 MWe hydrogen-boron fusion power plant.Concept—
- NormNeutral-beam-formed field-reversed configuration fusion research machine.Prototype
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities2
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Nuclear energy and propulsion | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Fusion reactor developer planning a power plant, with power electronics and cancer-therapy lines; no defense use is stated. | Reported |
| Power, grids and energy storage | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Fusion reactor developer planning a power plant, with power electronics and cancer-therapy lines; no defense use is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Fusion reactor developer planning a power plant, with power electronics and cancer-therapy lines; no defense use is stated.—Reported
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Fusion reactor developer planning a power plant, with power electronics and cancer-therapy lines; no defense use is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
Supply Chain1 facility
Facilities1
| Facility | Kind | Location | Status | Confidence |
|---|---|---|---|---|
| Foothill Ranch headquarters and fusion research facility | Lab | Foothill Ranch, CA, United States | Operating | Confirmed |
- Foothill Ranch headquarters and fusion research facilityLab · Foothill Ranch, CA, United StatesOperatingConfirmed
People10
| Person | Role |
|---|---|
| Hendrik Monkhorst | Co-Founder |
| Michl Binderbauer | Co-founder |
| Artem Smirnov | CTO |
| Cedric Burgher | Chief Financial Officer |
| David Ewing | Chief Information and Communications Officer |
| Janet Leong | Chief Human Resources Officer |
| Jeff Woodbury | President and Chief Operating Officer |
| Jim McNiel | Chief Marketing Officer |
| Michl Binderbauer | Chief Executive Officer |
| Toshiki Tajima | Chief Science Officer |
Sources14
Show all 14 sources and supporting evidence
Profile3
- 1
TAE Technologies · Dec 18, 2025 · Supports Organization
“The TAE team consists of more than 400 employees, including 62 Ph.D. holders.”
- 2
Supports Organization
“# Less is more TAE’s clean fusion energy breakthrough boasts twice the performance with half the hardware.”
- 3DatabaseCrunchbase company profile
Crunchbase · Supports Organization · description, Organization · employee range, Organization · website
“about: TAE Technologies is leveraging proprietary science and engineering to tackle the world’s biggest challenges. ”
Systems2
- 4
TAE Technologies · Aug 5, 2026 · Supports System
“TAE is preparing to construct its first fusion power plant, Da Vinci, which is expected to generate 50 MWe of electricity”
- 5CompanyAbout Us - TAE Technologies
Supports Organization, Organization · aliases, Role, System
“TAE Technologies is a fusion power company developing the most sustainable and economically competitive solution to bring abundant clean energy to the grid and carbon-intensive industrial processes.”
Funding4
- 6
TAE Technologies · Jun 2, 2025 · Supports Funding round, Funding round · investors
“today announced that it has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round.”
- 7
CNBC · Jul 19, 2022 · Supports Facility, Funding round
“nicknamed Norman, which is located in Foothill Ranch, Calif., where the company is headquartered.”
- 8
TAE Technologies · Jul 19, 2022 · Supports Funding round, Funding round · investors
“In its recently closed Series G-2 financing round, TAE secured $250 million from investors in the energy, technology, and engineering sectors”
- 9
Octen Business Search · Supports Funding round, Organization · hq region, Role
“funding round: Venture Round, 2023-12-22”
Supply chain1
- 10
Supports Facility, Organization · hq city
“TAE Technologies, Inc., 19631 Pauling, Foothill Ranch, CA, 92610, US”
People4
- 11
TAE Technologies · Sep 30, 2026 · Supports Organization, Organization · status, Role
“Founded in 1998, TAE Technologies’ mission is to develop and commercialize advanced technologies”
- 12
TAE Technologies · Jun 17, 2026 · Supports Role
“announced today the appointment of Jeff Woodbury as President and Chief Operating Officer.”
- 13
TAE Technologies · Apr 7, 2026 · Supports Role
“said Cedric Burgher, CFO of TAE.”
- 14CompanyTAE Technologies Leadership
Supports Role
“## **Janet Leong** * * * Chief Human Resources Officer”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.