Tech Company Financing Transactions
Helical Fusion Funding Round
Helical Fusion, based in Chiyoda-ku Tokyo, secured $6 million from SBI Investment.
Transaction Overview
Company Name
Announced On
4/5/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
SBI Investment (Lead Investor)
Proceeds Purpose
The company intends to use the funds advance the development of a helical fusion reactor and related core technologies, and to actively collaborate with global funding and R&D partners.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Shin-Yurakucho Building 10th Floor 1-12-1 Yurakucho,
Chiyoda-ku Tokyo, Undisclosed
JP
Chiyoda-ku Tokyo, Undisclosed
JP
Phone
Undisclosed
Website
Email Address
Overview
Developer of helical fusion reactors designed to create sustainable energy for the realization of zero-carbon. The company uses a magnetic field confinement method that stably confines high-temperature plasma using a superconducting helical coil with a double helix structure similar to deoxyribonucleic acid (DNA), enabling society to reduce the consumption of valuable underground resources such as oil and natural gas while reducing consumption.
Management Team
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