About Tokamak Energy
Tokamak Energy is a company based in Abingdon (United Kingdom) founded in 2009 by David Kingham and Mikhail Gryaznevich. It operates as a Green Energy-as-a-Service, and Professional Services. Tokamak Energy has raised $212 million across 5 funding rounds from investors including BW Group, Legal & General and Furukawa Electric. Tokamak Energy has completed 1 acquisition, including Ridgway Machines. Tokamak Energy offers products and services including Fusion Energy Technology and High-Temperature Superconducting Magnets. Tokamak Energy operates in a competitive market with competitors including Helion, TAE Technologies, General Fusion, Zap Energy and First Light Fusion, among others.
- Headquarter Abingdon, United Kingdom
- Founders David Kingham, Mikhail Gryaznevich
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Tokamak Energy Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$212 M (USD)
in 5 rounds
-
Latest Funding Round
$125 M (USD), Series C
Nov 19, 2024
-
Investors
BW Group
& 10 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Tokamak Energy
Tokamak Energy offers a comprehensive portfolio of products and services, including Fusion Energy Technology and High-Temperature Superconducting Magnets. 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.
Fusion energy technology is developed for clean power generation.
HTS magnets are engineered for fusion and industrial applications.
Unlock access to complete
Unlock access to complete
Funding Insights of Tokamak Energy
Tokamak Energy has successfully raised a total of $212M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $125 million completed in November 2024. 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 Funding
- Total Rounds 5
- Last Round Series C — $125.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series C - Tokamak Energy | Valuation | Lingotto , Eastxventures | |
| Sep, 2020 | Amount | Grant - Tokamak Energy | Valuation |
investors |
|
| Jan, 2020 | Amount | Series B - Tokamak Energy | Valuation | Hans-Peter Wild |
| 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 Tokamak Energy
Tokamak Energy has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BW Group, Legal & General and Furukawa Electric. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital co-investments are made in UK later-stage businesses.
|
Founded Year | Domain | Location | |
|
Investment management services are provided to professional investors worldwide.
|
Founded Year | Domain | Location | |
|
Manufacturer and supplier of major auto components
|
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 Tokamak Energy
Tokamak Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ridgway Machines. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Carbon credits and renewable energy solutions are provided to businesses.
|
1920 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Tokamak Energy
| 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 |
Tokamak Energy Comparisons
Competitors of Tokamak Energy
Tokamak Energy 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. 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 |
Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
|
|
| 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 energy projects are developed in Everett, United States.
|
|
| domain | founded_year | HQ Location |
Pulse-powered nuclear fusion processes are developed for energy production.
|
|
| domain | founded_year | HQ Location |
Nuclear isotopes are produced using fusion techniques.
|
| 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 Tokamak Energy
Frequently Asked Questions about Tokamak Energy
When was Tokamak Energy founded?
Tokamak Energy was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Where is Tokamak Energy located?
Tokamak Energy is headquartered in Abingdon, United Kingdom. It is registered at Abingdon, Oxfordshire, United Kingdom.
Who is the current CEO of Tokamak Energy?
Warrick Matthews is the current CEO of Tokamak Energy.
Is Tokamak Energy a funded company?
Tokamak Energy is a funded company, having raised a total of $212M across 5 funding rounds to date. The company's 1st funding round was a Series B of $87M, raised on Jun 01, 2016.
What does Tokamak Energy do?
Tokamak Energy is engaged in pioneering fusion energy technologies aimed at delivering clean, limitless, and secure energy by the 2030s. The company is recognized for its advancements in spherical tokamak designs and high-temperature superconducting (HTS) magnet technology. Operations span across energy and advanced materials sectors, with solutions targeting net-zero goals. Strategic partnerships and global operations in the United States and Japan are maintained to support commercialization efforts. Research and development are conducted to transform energy-intensive industries and contribute to a sustainable future.
Who are the top competitors of Tokamak Energy?
Tokamak Energy's top competitors include Helion, TAE Technologies and General Fusion.
What products or services does Tokamak Energy offer?
Tokamak Energy offers Fusion Energy Technology and High-Temperature Superconducting Magnets.
How many acquisitions has Tokamak Energy made?
Tokamak Energy has made 1 acquisition, including Ridgway Machines.
Who are Tokamak Energy's investors?
Tokamak Energy has 11 investors. Key investors include BW Group, Legal & General, Furukawa Electric, USAGov, and Lingotto.