Startup · United States
Type One Energy
HQ Knoxville, TennesseeFounded 2019
Type One Energy is bringing the power of the stars to Earth—Safe, Clean, affordable fusion energy for all.
Funding1 round · $200M
- Equity raised
- $200M
- Latest
- $200MSeries B · Oct 6, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Oct 6, 2026 | Series B | $200M | — | Breakthrough Energy Ventures, Clutterbuck Capital | — | Confirmed |
- $200MOct 6, 2026
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
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Magnetic-confinement fusion | Developer | Development | — | — | Reported |
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People3
- Chris Hegna
Co-founder
- David Anderson
Co-founder
- Chris Mowry
CEO
Sources6
Profile2
- 1
Supports Organization · hq city, Organization · hq region
“Headquarters|Knoxville,TN”
- 2
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "75653044-dfd4-4b9d-a649-775f1b78073e"}”
Technologies1
- 3CompanyHome - Type One Energy
Type One Energy · Supports Organization · description, Organization · linkedin url, Organization · name, Organization · website, Organization technology
“Type One Energy is bringing the power of the stars to Earth—Safe, Clean, affordable fusion energy for all.”
Funding1
- 4
Supports Funding round, Funding round · investors, Organization · ownership
“today announced the successful completion of a $200 million Series B financing round co-led by Breakthrough Energy Ventures and Clutterbuck Capital, with participation from Lowercarbon Capital, Siemens Energy Ventures,SiteGround Capital and other new investors.”
People2
- 5
kommunikasjon.ntb.no · Supports Role
“(From left to right) Warrick Matthews, CEO of Tokamak Energy; Chris Mowry, CEO of Type One Energy; and Troy Rudd, Chairman and CEO of AECOM sign the UK Infinity Fusion Consortium during His Majesty King Charles III’s visit to New York City.”
- 6CompanyAbout Us - Type One Energy
Supports Organization · founded year, Role
“In 2019, a few colleagues at the University of Wisconsin-Madison were chatting over a meal when they decided to form a private company”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.