Thea Energy

Power & UtilitiesSeries BKearny, USthea.energy

Latest round

Series B

Last raised

Aug 2026

Total raised

$120M

Investors

26

About Thea Energy

Based in New Jersey, US and founded in 2022 by Brian Berzin (CEO), David Gates (CTO) and Matt Miller. Thea Energy, Inc., develops fusion energy systems for the renewable power sector. In August 2026, Thea Energy, Inc. The company works with enterprise and industrial energy stakeholders to provide fusion power solutions based on stellarator technology. Its offerings include planar coil stellarator systems, dynamic magnet control software, and integrated fusion platforms such as the Eos neutron source and Helios power plant. These systems utilize arrays of mass-manufacturable magnets controlled via advanced computational software to generate stable magnetic fields for plasma confinement. The company’s engineers, physicists, and software specialists develop scalable energy systems designed for continuous operation. Its solutions target utilities, research institutions, and industrial users seeking sustainable, zero-emission energy alternatives.

Who invested in Thea Energy

26 investors across 4 rounds

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Funding rounds

  1. Series B

    Aug 18, 2026

    Amount

    Undisclosed

    Investors

    Locked

  2. Series B

    May 27, 2026

    Amount

    $100M

    Investors

    Locked

  3. Series A

    Feb 8, 2024

    Amount

    $20M

    Investors

    Locked

  4. Series A

    Jun 30, 2023

    Amount

    Undisclosed

    Investors

    Locked

Questions about Thea Energy

Who invested in Thea Energy?

Thea Energy has 26 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Thea Energy raised?

Thea Energy has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Thea Energy last raise money?

Thea Energy's most recent round on record is a Series B, in Aug 2026.

What does Thea Energy do?

Based in New Jersey, US and founded in 2022 by Brian Berzin (CEO), David Gates (CTO) and Matt Miller.

Where is Thea Energy headquartered?

Thea Energy is headquartered in Kearny, US.

Which VCs invest in companies like Thea Energy?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Thea Energy's stage. Their profiles are linked below.

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