About Thea Energy
Thea Energy is an Energy & Utilities company based in Princeton (United States) founded in 2022 by David Gates and Matt Miller. Stellarator is reinvented by Thea Energy for zero-emission fusion power. Thea Energy has raised $120 million across 3 funding rounds from investors including Anglo American, Orion Resource Partners and Prelude Ventures. The company has 272 employees. Its website thea.energy draws about 10 thousand monthly visits. Thea Energy offers products and services including Stellarator Technology and Eos Neutron Source. Its focus areas include Energy and Energy Training and Research Services. Its legal entity is Thea Energy Inc.
Company details
Thea Energy was founded in 2022 in Princeton, United States, as a fusion energy company. The stellarator design is being advanced to develop sustainable, limitless zero-emission energy sources. Operations center on fusion technology innovation, including selection for a U.S. Department of Energy public-private partnership award. Co-founders David Gates and Matt Miller lead efforts in this sector.
- Headquarters Princeton, United States
- Employees 272
- Founders David Gates, Matt Miller
- SectorsEnergy & Utilities
- Email••••••••
- Website thea.energy
- Social LinkedIn X
- Legal Name Thea Energy Inc
- Total Equity Funding$120M (USD)
in 3 rounds
- InvestorsAnglo American
& 17 more
- Employee Count272
Products & Services of Thea Energy
Thea Energy offers a comprehensive portfolio of products and services, including Stellarator Technology and Eos Neutron Source.
The stellarator is developed for inherently stable, steady-state magnetic confinement fusion as a highly efficient power plant architecture.
Eos is utilized as a neutron source stellarator capable of commercial operation for the production of various isotopes, including tritium.
Funding Insights of Thea Energy
Thea Energy has successfully raised a total of $120M across 3 strategic funding rounds. 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 $120M
- Total Rounds 3
- First Round $20M
(Feb 2024)
- Investors Count 18
All 3 funding rounds of Thea Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | Series B | – | – | ||
| May 2026 | $100M | Series B | – | Usitfund | |
| Feb 2024 | $20M | Series A | – | Prelude Ventures |
18 investors in total: 18 institutional.
Investors in Thea Energy
Thea Energy has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Anglo American, Orion Resource Partners and Prelude Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Climate companies are invested in by this venture capital firm. | preludeventures.com | San Francisco, United States | ||
Venture capital investments are provided to innovative founders. | 112capital.com | San Francisco, United States | ||
Venture capital funding is provided for technology and healthcare companies. | hitachi-ventures.com | Munich, Germany | ||
Venture capital fund focused on tech startups | lowercarboncapital.com | New York, United States | ||
Mercator Partners is engaged in science-driven asset management. | mercatorpartners.com | |||
High-tech startups are invested in by Starlight Ventures. | starlight.vc | Miami, United States | ||
| generalinnovation.com | ||||
| linsecapital.com | ||||
| emerald.vc | ||||
| av.vc |
Investor details for Thea Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Thea Energy
17 people are tracked at Thea Energy (9 in leadership, 8 in team); the tracked headcount is 272.
| Name | Role | Group |
|---|---|---|
David Gates | Co-Founder | Leadership |
Matt Miller | Co-Founder | Leadership |
Robin Brown | Director Of Finance | Leadership |
Corinne Frederick | Head Of Human Resources | Leadership |
Nicholas de Boer | Chief Of Staff | Leadership |
Daniel Nash | Director - HTS Magnet Engineering | Leadership |
Scott W. | Head Of Mechanical Engineering | Leadership |
Mikhail Slepchenkov | Head Of Electrical Engineering And Controls | Leadership |
Brian Berzin | CEO | Leadership |
Rudolph Powser | Mechanical Engineer | Team |
Mike Martin | Manager - Computational Physics | Team |
Silvester Noronha | Principal Engineer | Team |
William Harris | Mechanical Engineer Manager | Team |
Madeline Joanis | Communications Manager | Team |
Eric Drummond J.d. | Chair - Strategic Advisory Committee | Team |
Santhosh Srinivasan | Electrical Engineer | Team |
Daniel Dudt | Senior Scientist | Team |
Complete people profiles for Thea Energy
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 Thea Energy
3 dated milestones of Thea Energy across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Thea Energy is founded.
- Funding First funding round of $20.0M.
- Funding Latest funding round, Series B,.
Web traffic of Thea Energy
The website of Thea Energy (thea.energy) receives about 10.4K visits a month.
- Monthly visits10.4K
▲ 29.4% vs previous month
Websites whose visitors overlap most with Thea Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| oceanpowertechnologies.com | 100% | 24.1K | #1,177,929 | View details | |
| ommo.co | 97% | View details | |||
kuraray.us.com | kuraray.us.com | 94% | #2,138,022 | – | |
energytech.com | energytech.com | 93% | #1,983,001 | – | |
careers.oshkoshcorp.com | careers.oshkoshcorp.com | 92% | #578,200 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Thea Energy
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Energy Management & Support Services
3 companies that operate in the same segment as Thea Energy (Energy Management & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Clean energy training and consulting services are provided by Crux. | 2023 | Washington, District Of Columbia, United States | USD 77.05 M | |||
Power storage projects are developed and operated globally. | 2017 | Aliso Viejo, California, United States | ||||
Research in waste management and environmental restoration is conducted. | 1965 | Richland, Washington, United States |
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Frequently Asked Questions about Thea Energy
Thea Energy was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Thea Energy is headquartered in Princeton, United States. It is registered at Princeton, New Jersey, United States.
Thea Energy is a funded company, having raised a total of $120M across 3 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Feb 2024.
Thea Energy has 272 employees.
Thea Energy was founded in 2022 in Princeton, United States, as a fusion energy company. The stellarator design is being advanced to develop sustainable, limitless zero-emission energy sources. Operations center on fusion technology innovation, including selection for a U.S. Department of Energy public-private partnership award. Co-founders David Gates and Matt Miller lead efforts in this sector.
Thea Energy offers Stellarator Technology and Eos Neutron Source.
Thea Energy has 18 investors. Key investors include Anglo American, Orion Resource Partners, Prelude Ventures, 11.2 Capital, and Hitachi Ventures.
Thea Energy operates through Thea Energy Inc.