Science

Helical Fusion Raises $5.5M to Boost Commercial Fusion

Helical Fusion is a private startup developing a novel fusion‑power technology. It has just successfully closed a US $5.5 million Series A extension financing round, increasing its investor base and boosting the company's total funds to around US $38 million. The money will accelerate development of its experimental fusion device and drive its road map toward commercial fusion energy in the 2030s. Ecrowd NEXT, a fund aimed at individual investors, participated in this round, along with corporate and individual backers — what the company describes as a move to broad-based stakeholder involvement beyond the traditional venture‑capital investor base. What is Helical Fusion Working on — And What's the Goal? Helical Fusion is creating a revolutionary helical stellarator fusion reactor. This design plans to make a steady-state power plant. It will generate net…