Type One Energy Group
Latest round
- Seed
Last raised
- Mar 2024
Total raised
- $94M
Investors
- 13
About Type One Energy Group
Based in Tennessee, US, and founded in 2019 by co-founders Dr. John Canik, Prof. Chris Hegna, Paul Harris, and Randall Volberg, Type One Energy Group, Inc. operates as a deep-tech company that provides fusion power systems for the global energy market. In January 2026, Type One Energy Group, Inc. Type One Energy Group, Inc. creates a system that generates inert helium and a neutron, which is used to power the conversion of lithium to tritium. It is ideal for retrofitting decommissioned coal and natural gas plants and supports localised grids with siting near where the energy is used. The company's fusion solution is based on stellarator technology, which is based on magnetic-confinement fusion and uses 3D-shaped magnetic fields to keep particles at high enough temperatures for nuclei to fuse.
Who invested in Type One Energy Group
13 investors across 2 rounds
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Questions about Type One Energy Group
Who invested in Type One Energy Group?
Type One Energy Group has 13 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Type One Energy Group raised?
Type One Energy Group has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Type One Energy Group last raise money?
Type One Energy Group's most recent round on record is a Seed, in Mar 2024.
What does Type One Energy Group do?
Based in Tennessee, US, and founded in 2019 by co-founders Dr.
Where is Type One Energy Group headquartered?
Type One Energy Group is headquartered in Knoxville, US.
Which VCs invest in companies like Type One Energy Group?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Type One Energy Group's stage. Their profiles are linked below.
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