Helion has raised $465 Million in new Series G funding
According to filings with the U.S. Securities and Exchange Commission, Helion has raised $465,000,000.00 in new Series G funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: Thrive Capital, Alta Park Capital, Anti Fund, BoxGroup, Lux Capital, Peak XV Partners, Bill Ford.
About Helion
Helion is a clean energy company focused on building the worlds first fusion power plant to provide consistent, carbon-free electricity without compromise. Using a pulsed, magnetically confined fusion approach, Helions technology is designed to generate electricity directly from fusion reactions, aiming to operate 24/7 regardless of weather or location. The company emphasizes that its fusion process uses deuterium from water and produces helium-3 through fusion reactions, avoiding scarce fuels, reducing geopolitical constraints, and eliminating the long-lived radioactive waste associated with traditional nuclear power. Helion positions its fusion plants as a reliable, instantly controllable power source that can start and stop quickly, enhancing grid stability and complementing intermittent renewables like wind and solar. By pursuing this approach, Helion seeks to enable a future energy system based on abundant, safe, and sustainable fusion power at scale.
To learn more, visit https://www.helionenergy.com/
Linkedin: https://www.linkedin.com/company/helion-energy/
Contact:
David Kirtley, Chief Executive Officer
https://www.linkedin.com/in/david-kirtley-490b8230/
SOURCE: http://www.intelligence360.io
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