United States Fusion Energy Company Thea Energy Raised $100 Million in Series B Funding, Raised $20 Million Series A Funding in 2024, Thea Energy Founded in 2022 by Brian Berzin & David Gates as Spinout from Princeton University & Princeton Plasma Physics Laboratory), Investors Include US Innovative Technology Fund, General Innovation Capital Partners, Linse Capital, Calm Ventures, Climate Capital, Divergent Capital, Emerald Technology Ventures, Gaingels, Idemitsu Kosan, Overlay Capital, Timescale Ventures & Whatif Ventures

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United States Fusion Energy Company Thea Energy Raised $100 Million in Series B Funding, Raised $20 Million Series A Funding in 2024, Thea Energy Founded in 2022 by Brian Berzin & David Gates as Spinout from Princeton University & Princeton Plasma Physics Laboratory), Investors Include US Innovative Technology Fund, General Innovation Capital Partners, Linse Capital, Calm Ventures, Climate Capital, Divergent Capital, Emerald Technology Ventures, Gaingels, Idemitsu Kosan, Overlay Capital, Timescale Ventures & Whatif Ventures

30th May 2026 | Hong Kong

United States fusion energy company Thea Energy has raised $100 million in Series B funding, having raised $20 million in Series A funding in 2024.  Thea Energy was founded in 2022 by Brian Berzin & David Gates as spinout from Princeton University & Princeton Plasma Physics Laboratory).  Thea Energy investors include US Innovative Technology Fund, General Innovation Capital Partners, Linse Capital, Calm Ventures, Climate Capital, Divergent Capital, Emerald Technology Ventures, Gaingels, Idemitsu Kosan, Overlay Capital, Timescale Ventures, and Whatif Ventures.  Thea Energy – Thea Energy, Inc. is commercializing scalable and economical fusion energy systems via its planar coil stellarator architecture. Thea Energy’s stellarator power plants will uniquely provide an abundant and safe source of zero-emission energy for the future of humanity. The Company has utilized arrays of mass-manufacturable magnets and dynamic software controls to reinvent the stellarator. Thea Energy spun out of Princeton University and Princeton Plasma Physics Laboratory in 2022 to commercialize the stellarator, a mature magnetic confinement fusion architecture. The Company was selected as an inaugural awardee of the U.S. Department of Energy’s Milestone-Based Fusion Development Program following a detailed merit review process, and is also supported via six Department of Energy INFUSE awards. Thea Energy is currently collaborating with leading national labs, academic institutions, and industrial partners to commercialize fusion energy on the fastest and most efficient path.

“ United States Fusion Energy Company Thea Energy Raised $100 Million in Series B Funding, Raised $20 Million Series A Funding in 2024, Thea Energy Founded in 2022 by Brian Berzin & David Gates as Spinout from Princeton University & Princeton Plasma Physics Laboratory), Investors Include US Innovative Technology Fund, General Innovation Capital Partners, Linse Capital, Calm Ventures, Climate Capital, Divergent Capital, Emerald Technology Ventures, Gaingels, Idemitsu Kosan, Overlay Capital, Timescale Ventures & Whatif Ventures “

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United States Fusion Energy Company Thea Energy Raised $100 Million in Series B Funding, Raised $20 Million Series A Funding in 2024, Thea Energy Founded in 2022 by Brian Berzin & David Gates as Spinout from Princeton University & Princeton Plasma Physics Laboratory), Investors Include US Innovative Technology Fund, General Innovation Capital Partners, Linse Capital, Calm Ventures, Climate Capital, Divergent Capital, Emerald Technology Ventures, Gaingels, Idemitsu Kosan, Overlay Capital, Timescale Ventures & Whatif Ventures

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