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A growing number of fusion startups have raised over $100 million each, with total private investment surpassing $13 billion. Major funding rounds from Helion Energy and Focused Energy highlight the sector's rapid advancement.
Helion has become the first company in the world to receive licenses to operate a fusion power plant, marking a major regulatory breakthrough for the clean energy sector.
German startup Focused Energy has raised $240 million to commercialize fusion technology that produced the world's first net energy gain fusion reaction.
Helion Energy, a Sam Altman-backed fusion startup, is in talks with OpenAI to sell 12.5% of its power output, marking a significant step in fusion energy commercialization.
OpenAI is in advanced talks to acquire fusion energy from Helion Energy, aiming to secure 5 gigawatts by 2030 and scale to 50 gigawatts by 2035. Sam Altman has stepped down from Helion’s board to avoid conflicts of interest.