Web Analytics

3 Latest Announced Rounds

  • $75,000,000
    Series D

    4 Investors

    Software Development
    Feb 23rd, 2024
  • $150,000,000
    Series B
    Industrial Machinery Manufacturing
    Feb 23rd, 2024
  • Undisclosed Amount

    3 Investors

    Technology, Information and Internet
    Feb 23rd, 2024
$1,220.18M Raised in 78 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Thea Energy

start up
United States - Princeton, New Jersey
  • 09/02/2024
  • Series A
  • $20,000,000

Thea Energy (formerly Princeton Stellarators) was founded in 2022 with a focus on leveraging recent breakthroughs in stellarator physics and engineering to create a faster, simpler approach to commercializing fusion energy. Thea Energy is reinventing the stellarator using computer-controlled arrays of planar coils and replacing the intricate, complex modular magnets required in all other proposed stellarator architectures. Stellarators are inherently steady-state, stable magnetic configurations that eliminate potential disruptions, making it an optimal pilot plant architecture. Thea Energy is building off foundational research and technology development that it spun out of Princeton University and Princeton Plasma Physics Laboratory, where the stellarator was first imagined in 1951. Thea Energy's proprietary breakthroughs have now enabled systems to be simpler and more practical than previously possible resulting in a system design that can scale to long-term commercial system operation and maintenance.​

Related People

Brian BerzinFounder

Brian Berzin United States - New York, New York