Helical Fusion Raises $5.5M for Japan’s First Fusion Plant

Helical Fusion, a company in Tokyo working on next-generation clean energy using its Helical Stellarator technology, has raised 5.5 million dollars in a Series A Extension round. The investment came from a mix of corporate investors, individual investors and a fund for individual investors called Ecrowd NEXT. With this round, the company’s total funding reaches around 38 million dollars.

The money will go into their Helix Program. They will create the first plant that can create nuclear fusion energy on a commercially viable basis by the 2030s. Right now they are moving toward integrated demonstrations using their final experimental device called Helix HARUKA. The goal is to eventually produce steady-state fusion power that actually generates electricity with their first plant, Helix KANATA.

Also Read: Mitsubishi Electric Creates Microbubble Flow System

This funding shows there is growing confidence in fusion energy. It also reflects the wider push for new clean energy solutions. Helical Fusion is using Japan’s own fusion technology and is aiming to be one of the first companies to make fusion a real, usable power source in the next decade.