SHINE Technologies

Janesville, United States Founded: 2005 • Age: 21 yrs
Nuclear isotopes are produced using fusion techniques.

About SHINE Technologies

SHINE Technologies is a company based in Janesville (United States) founded in 2005 by Greg Piefer. SHINE Technologies has raised $653.58 million across 19 funding rounds from investors including Fidelity Investments, Oaktree Capital Management and DOE. SHINE Technologies offers products and services including Ilumira and FLARE. SHINE Technologies operates in a competitive market with competitors including Helion, TAE Technologies, General Fusion, Zap Energy and First Light Fusion, among others.

  • Headquarter Janesville, United States
  • Founders Greg Piefer
  • Sectors
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website shinefusion.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Shine Technologies, Llc
Key Metrics
  • Total Equity Funding
    $653.58M (USD)

    in 19 rounds

  • Latest Funding Round
    $240M (USD), Series D

    Feb 2026

  • Investors

Products & Services of SHINE Technologies

SHINE Technologies offers a comprehensive portfolio of products and services, including Ilumira and FLARE.

Ilumira
Isotope Sales

Platform for selling medical isotopes to healthcare providers.

FLARE
Radiation Effects Testing

Service for testing radiation impacts on industrial components.

Apps and channels of SHINE Technologies

its YouTube channel SHINE Technologies has 342 subscribers and 30 videos.

SHINE Technologies
YouTube 342 subscribers 30 videos Science & Technology
Open channel

Videos from SHINE Technologies

The most watched videos on SHINE Technologies's YouTube channel, SHINE Technologies (342 subscribers). Click a video to play it here.

Phase 4 Generating Fusion Power
1.6K views
Cassiopeia- SHINE Lutetium-177 Facility Tour
1.3K views
Why radioactive waste glows green in pop culture
1.1K views
Chrysalis Tour
1.1K views

More on SHINE Technologies.

Funding Insights of SHINE Technologies

SHINE Technologies has successfully raised a total of $653.58M across 19 strategic funding rounds. The most recent funding activity was a Series D round of $240 million completed in February 2026. 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 $653.58M
  • Total Rounds 19
  • Last Round Series D β€” $240M
  • First Round $1.39M

    (Mar 2011)

  • Investors Count 12

Latest 10 of 19 funding rounds of SHINE Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2026$240MSeries D–NantWorks
Oct 2024–Grant––
Oct 2023$70MSeries C–Baillie Gifford, Fidelity Investments
–
Jul 2023$1.13MGrant––
Sep 2022$3.27MSeries C––
–
Jun 2021$150MSeries C–Koch Disruptive Technologies
Sep 2020$80MSeries C–Fidelity Investments
–
Oct 2019$50MDebt – Conventional––
Apr 2019$30MSeries C––
–
Apr 2018$30MSeries B–Deerfield
–
Valuation history

12 investors in total: 12 institutional.

Investors in SHINE Technologies

SHINE Technologies has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Oaktree Capital Management and DOE.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multiple sectors are invested in by the venture capital firm.
2017kochdisruptivetechnologies.comWichita, United States
Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
1995oaktreecapital.comLos Angeles, United States
Healthcare ecosystem is supported through investment and innovation by Deerfield.
–deerfield.comNew York, United States
-
–pelicanenergypartners.com-
Official information and services are provided by the Dutch government.
–government.nlNetherlands
Diversified investment management services are provided by the firm.
1908bailliegifford.comEdinburgh, United Kingdom
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
1946fidelity.comBoston, United States
A government-backed foundation providing seed-stage investments to support small businesses.
1950nsf.govArlington, United States
Energy sources and policies are managed by the DOE.
1977energy.gov-
Capital is provided to Wisconsin entrepreneurs for job creation.
–brightstarwi.orgMilwaukee, United States
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Investor details for SHINE Technologies

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

People of SHINE Technologies

29 people are tracked at SHINE Technologies (18 in leadership, 11 in team).

NameRoleGroup
Greg Piefer
Founder & CEOLeadership
Wim Boeckx
Project Director EuropeLeadership
Zachary Staniszewski
VP And GM Of Systems And ManufacturingLeadership
Steven Burger
Vice President Of Business DevelopmentLeadership
Stephen McCall Pe
Director Of Engineering - ConstructionLeadership
Chris Lee
Chief Financial OfficerLeadership
Jim Costedio
Vice President Regulatory Affairs & QualityLeadership
Don Zybak
Chief Accounting OfficerLeadership
Eric Edwards
Director Of EngineeringLeadership
Jamie Pierce
Director Of Corporate SupportLeadership
Aric Cowne
VP Of ProjectsLeadership
Eli Moll
Chief Operating OfficerLeadership
Karina Carver
Vice President - FinanceLeadership
Ross Radel Ph.D., Pe
Chief Technology OfficerLeadership
Ben Pratt
Managing Director, Spect IntegrationLeadership
Rachel Houseman
Director Of Project ControlsLeadership
Harrie Buurlage
VP European OperationsLeadership
Carlos Medina
Director Of FinanceLeadership
Melissa Sprague
Research And Development Program ManagerTeam
Keith Thompson
Project ManagerTeam

9 more people are available in the full profile.

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Complete people profiles for SHINE Technologies

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of SHINE Technologies

3 dated milestones of SHINE Technologies across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded SHINE Technologies is founded.
  2. Funding First funding round of $1.4M.
  3. Funding Latest funding round, Series D, of $240.0M.

Competitors of SHINE Technologies

SHINE Technologies 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 Helion, TAE Technologies, General Fusion, Zap Energy and First Light Fusion, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
helionenergy.com2010Redmond, United States$977.1M44
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
tae.com1998Lake Forest, United States$1.32B224
FRC nuclear fusion reactors are developed using advanced beam technology.
generalfusion.com2002Burnaby, Canada$476.61M–
Magnetized nuclear fusion reactors are developed for energy production.
zapenergy.com2017Everett, United States$327.71M–
Nuclear energy projects are developed in Everett, United States.
firstlightfusion.com2011Oxford, United Kingdom$105.4M66
Pulse-powered nuclear fusion processes are developed for energy production.
kyotofusioneering.com2019Uji, Japan$119.98M–
Provider of nuclear fusion reactor technology based on low-energy nuclear reaction technology
marvelfusion.com2019Munich, Germany$160.14M–
Provider of quantum enhanced and laser-induced clean fusion energy solutions
nt-tao.com2016Hod Hasharon, Israel$22M–
Hardware products for plasma heating in nuclear fusion are developed.
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Detailed competitors of SHINE Technologies

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of SHINE Technologies

The website of SHINE Technologies (shinefusion.com) receives about 11K visits a month.

  • Monthly visits
    11K

    ▲ 10.4% vs previous month

Similar websites

Websites whose visitors overlap most with SHINE Technologies. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
innovationnewsnetwork.com
100%
–#386,136View details

Latest news on Shine Technologies

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Complete news archive for SHINE Technologies

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to SHINE Technologies

10 companies that operate in the same segment as SHINE Technologies (Nuclear & Fusion Energy), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of energy solutions
1925Juno Beach, Florida, United States–USD 26.53 B16,800
Fuel and power producer in the nuclear energy sector
2001United StatesUSD 307.86 M––
Clean energy solutions for generation, retail, and heating are provided.
1998Espoo, Finland–USD 5.86 B4,470
Advanced nuclear reactors are designed for low-carbon energy solutions.
2006Bellevue, Washington, United StatesUSD 1.46 B–299
Compact tokamak fusion reactors are developed with superconducting magnets.
2018Cambridge, Massachusetts, United StatesUSD 3.93 B––
Advanced nuclear reactors are designed, built, and operated by Newcleo.
2021London, England, United KingdomUSD 769.93 MUSD 11.38 M–
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
2010Redmond, Washington, United StatesUSD 1.44 B––
Energy corporation
1903Newark, New Jersey, United States–USD 12.28 B13,050
Energy utilities, natural gas, and communications technology are provided.
1912United States–USD 29.55 B28,600
FRC nuclear fusion reactors are developed using advanced beam technology.
1998Lake Forest, California, United StatesUSD 1.32 B––
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Frequently Asked Questions about SHINE Technologies

SHINE Technologies was founded in 2005 and raised its 1st funding round 6 years after it was founded.

SHINE Technologies is headquartered in Janesville, United States. It is registered at Janesville, Wisconsin, United States.

Greg Piefer is the current CEO of SHINE Technologies. They have also founded this company.

SHINE Technologies is a funded company, having raised a total of $653.58M across 19 funding rounds to date. The company's 1st funding round was a Series B of $30M, raised on Mar 2011.

SHINE Technologies was founded in 2005 by Greg Piefer and is headquartered in Janesville, United States. Operations are centered in the nuclear technology sector, where nuclear isotopes are manufactured through fusion-based methods. The company focuses on isotope production for applications in medicine and industry, with activities conducted primarily in the United States to support research and development needs.

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

SHINE Technologies offers Ilumira and FLARE.

SHINE Technologies has 12 investors. Key investors include Fidelity Investments, Oaktree Capital Management, DOE, Baillie Gifford, and Koch Disruptive Technologies.

SHINE Technologies operates through Shine Technologies, Llc.

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