Thea Energy, a Princeton spinout, has raised $100 million in new funding, making it one of the top-funded fusion startups. The company is developing pixel-inspired magnet technology for its fusion power plants, with plans to have a commercial reactor operational by 2034.
Background
Fusion energy, which replicates the process that powers the sun, has long been pursued as a potentially limitless and clean energy source. Recent technological advances and increased private investment have accelerated progress in the field.
- Source
- TechCrunch
- Published
- May 28, 2026 at 01:54 AM
- Score
- 7.0 / 10