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Tokamak Energy

273 employees

We are developing the technology to deliver clean, secure and affordable fusion energy in the 2030s. Tokamak Energy was founded in 2009 as a spin-off from UK Atomic Energy Authority (UKAEA). Our US subsidiary, Tokamak Energy Inc, was established in 2019. We are the only private fusion company with over a decade’s experience developing the two technologies that offer the most efficient and commercially attractive route to fusion energy; the compact spherical tokamak and high temperature superconducting (HTS) magnets. TE Magnetics, our dedicated HTS magnet business division, is focussed on becoming the leading supplier of HTS technology for fusion and other exciting new applications, including science, renewable energy and propulsion on land, in water air and space.

Investor insights

Funding rounds participated in

$125M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Renewable Energy Power Generation

Sectors

Renewable Energy Power Generation

Date founded

2009

Funding rounds raised

Total raised

$125M

from 3 investors over 1 rounds

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Tokamak Energy raised $125M on December 19, 2024

Investors: Lingotto, East X Ventures and + 4 Other investors

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