TechFlow News, June 4: According to The Information, Helion—a nuclear fusion startup backed by OpenAI co-founder Sam Altman—has raised $465 million in funding, led by Thrive Capital. Following this round, Helion’s valuation has reached $15.5 billion—nearly triple its previous valuation of $543 million.
The company is developing nuclear fusion technology capable of powering data centers and other customers, though it still needs to demonstrate the feasibility of its technology for actual electricity generation. Investors remain highly confident in its potential; the new funds will accelerate R&D and commercialization efforts.
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