Helion

Redmond, United States Founded: 2010 • Age: 16 yrs
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
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About Helion

Helion is a company based in Redmond (United States) founded in 2010 by George Votroubek. It operates as a Green Energy-as-a-Service. Helion has raised $977.1 million across 7 funding rounds from investors including NASA, Lightspeed Venture Partners and DOE. Helion offers products and services including Fusion Power Plant. Helion operates in a competitive market with competitors including TAE Technologies, General Fusion, SHINE Technologies, Phoenix and Zap Energy, among others.

  • Headquarter Redmond, United States
  • Founders George Votroubek
  • Stage Unicorn
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Helion Energy, Inc.
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $977.1 M (USD)

    in 7 rounds

  • Latest Funding Round
    $425 M (USD), Series F

    Jan 28, 2025

  • Investors
    NASA

    & 14 more

  • Employee Count
    Employee Count
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Products & Services of Helion

Helion offers a comprehensive portfolio of products and services, including Fusion Power Plant. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Fusion power plants are developed for clean electricity production.

People of Helion
Headcount 50-200
Employee Profiles 72
Board Members and Advisors 1
Employee Profiles
People
Andrew Clark
Senior Manager Of Facilities
People
Shahriar Safaee
Mechanical Engineer
People
Elliott Fernandez
Information Security Systems Administrator
People
Pragav Jain
Chief Financial Officer

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Board Members and Advisors
people
Dipender Saluja
Board Of Directors

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Funding Insights of Helion

Helion has successfully raised a total of $977.1M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $425 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 7
  • Last Round Series F — $425.0M
  • First Round

    (16 Aug 2011)

  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Series F - Helion Valuation

investors

Nov, 2021 Amount Series E - Helion Valuation Sam Altman
Sep, 2020 Amount Series D - Helion Valuation Dustin Moskovitz
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Helion

Helion has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include NASA, Lightspeed Venture Partners and DOE. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
Founded Year Domain Location
Venture capital investments in technology and startups.
Founded Year Domain Location
Private equity investments are made in the UK and US.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Helion

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Helion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Helion Comparisons

Employees
+
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Competitors of Helion

Helion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TAE Technologies, General Fusion, SHINE Technologies, Phoenix and Zap Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
FRC nuclear fusion reactors are developed using advanced beam technology.
domain founded_year HQ Location
Magnetized nuclear fusion reactors are developed for energy production.
domain founded_year HQ Location
Nuclear isotopes are produced using fusion techniques.
domain founded_year HQ Location
Hydrogen-based nuclear fusion reactors are developed for power generation.
domain founded_year HQ Location
Nuclear energy projects are developed in Everett, United States.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Helion

Frequently Asked Questions about Helion

When was Helion founded?

Helion was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Helion located?

Helion is headquartered in Redmond, United States. It is registered at Redmond, Washington, United States.

Is Helion a funded company?

Helion is a funded company, having raised a total of $977.1M across 7 funding rounds to date. The company's 1st funding round was a Series D of $40M, raised on Aug 16, 2011.

What does Helion do?

Helion is engaged in the development of the worlds first fusion power plants. The company is dedicated to harnessing fusion technology for electricity production, aiming to provide unlimited clean energy. Solutions are centered on innovative approaches like Trenta and Polaris, addressing global energy challenges within the renewable energy sector.

Who are the top competitors of Helion?

Helion's top competitors include TAE Technologies, General Fusion and Zap Energy.

What products or services does Helion offer?

Helion offers Fusion Power Plant.

Who are Helion's investors?

Helion has 15 investors. Key investors include NASA, Lightspeed Venture Partners, DOE, Nucor, and SoftBank Vision Fund.

What is Helion's valuation?

The valuation of Helion is $1.25B as of Sep 2020.

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