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Helion, the fusion energy company, completes a new round of financing at an approximately $15.5 billion valuation, with investment firm Thrive leading the round.

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Mars Finance News, according to The Information, the fusion energy startup Helion supported by OpenAI co-founder Sam Altman has completed a new round of funding, with a latest valuation of approximately $15.5 billion, nearly tripling the valuation from the previous round. This round of funding was led by investment firm Thrive, with participation from other technology and financial investors. Helion is advancing commercial fusion power projects, planning to use the new funds to expand power generation and experimental facilities, accelerate key technology validation, and promote signing long-term power purchase agreements with electricity buyers to support the deployment of its first commercial fusion power plants.
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