Princeton spinout commercialising software-controlled stellarator fusion systems for zero-emission baseload power.
Funding history
Date
Round
Amount
May 2026
Series B
Thea Energy (New Jersey) raised $100M in a Series B led by US Innovative Technology Fund to accelerate commercialization of its stellarator-based fusion systems.
$100M
Investors
Emerald Technology VenturesGeneral Innovation Capital PartnersHitachi VenturesLinse CapitalLowercarbon CapitalUS Innovative Technology Fund