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Helion Energy was founded in 2013 by Chris Pihl, David Kirtley, George Votroubek, and John Slough. In a discussion with Reuters in May 2023, Microsoft announced a purchase deal with the energy company leaving its valuation at over $570 million. Helion’s founder David Kirtley said, “The revenue feeds right back into us developing more power plants and getting fusion out on the grid both in the United States and internationally as fast as possible.” While growth is forecasted for Helion Energy the company has not officially endorsed a plan to participate in an IPO.
Helion Energy is a zero-carbon fusion power company. Per Forge data, Helion Energy has raised a total of $577.8M in funding over 7 rounds. Their latest funding was raised on Nov 5, 2021, from a Series E round. Key investors include Capricorn Investment Group and Mithril Capital Management.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Helion Energy is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Helion Energy pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Helion Energy is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
Helion Energy is based in Everett, Washington.
There is no exact date for when Helion Energy will have a functional clean energy reactor. However, journalist Catherine Clifford from CNBC reported that a functional fusion reactor will not "be a commercially viable energy source powering your home and my computer next year. But it no longer feels like flying a spaceship to Pluto."
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 9/27/2023 | Series E-1 | $35MM raised | $XXX.XX | $XXX.XX |
| 11/5/2021 | Series E | $500MM raised | $XXX.XX | $XXX.XX |
| 1/1/2020 | Series D | $39.82MM raised | $XXX.XX | $XXX.XX |
| 1/1/2019 | Series C | $10MM raised | $XXX.XX | $XXX.XX |
| 6/9/2015 | Series B | $21.23MM raised | $XXX.XX | $XXX.XX |
| 8/14/2014 | Series A, A-1 and A-2 | $1.5MM raised | $XXX.XX | $XXX.XX |
