Helion Energy
HE
Helion Energy develops pulsed fusion generators based on field-reversed configuration plasmas. The system is designed to capture fusion energy as electricity through direct energy conversion rather than steam turbines. The company targets utility-scale power generation with low carbon emissions.
Founded by David Kirtley (Co-founder & CEO), Chris Pihl (Co-founder & CTO), George Votroubek (Co-founder & Chief Scientist), John Slough (Co-founder), Anthony Pancotti (Co-founder)
Blended valuation$13.5B$13B secondary
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$17B
blended valuationfunding round
May 31, 2021$81.6MOct 5, 2026
All rounds
10 funding rounds, newest first.
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Series G | Jun 4, 2026 | $465M | $15.5B |
| Series F | Jan 28, 2025 | $425M | $5.4B |
| Growth | Sep 27, 2023 | $35M | $4.2B |
| Series E | Nov 5, 2021 | $500M | $3B |
| Series D | Sep 23, 2020 | $40M | $1.3B |
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Investors
19 investors across all rounds.
- CICapricorn Investment Group
- MCMithril Capital Management
- SASam Altman
- YCY Combinator
- LVLightspeed Venture Partners
- TCThrive Capital
- BOBoxGroup
- LCLux Capital
- PXPeak XV Partners
- SVSoftBank Vision Fund
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Secondary market activity
Recent buy and sell interest for Helion Energy shares on the secondary market.
| Kind | Implied valuation | Price / share | Date |
|---|---|---|---|
| $17.9B | — | Sep 29, 2026 | |
| $6.4B | $74.16 | Sep 23, 2026 | |
| $6.4B | $74.16 | Sep 22, 2026 |
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Data as of Oct 15, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.
