Thea Energy
Thea Energy is a fusion power startup using software to control an array of high-temperature superconducting magnets in a planar coil stellarator design. This approach aims to achieve reliable, inexpensive fusion power by simplifying the hardware and leveraging software control to manage plasma behavior, thus reducing manufacturing complexity and cost.
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Funding Round: Series A
Funding Amount: $20M
Date: 08-Feb-2024
Investors: Prelude Ventures, 11.2 Capital, Anglo American, Hitachi Ventures, Lowercarbon Capital, Mercator Partners, Orion Industrial Ventures, Starlight Ventures
Markets: Energy, Fusion Power
HQ: Princeton, New Jersey, United States
Founded: 2022
Website: https://thea.energy/
LinkedIn: https://www.linkedin.com/company/thea
Twitter: https://twitter.com/TheaEnergy
Crunchbase: https://www.crunchbase.com/organization/thea-energy
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