Type One Energy
Commercializing the stellarator fusion power system with advances in HTS magnets and additive manufacturing.
127 employees · est. 2019 · Knoxville, United States
Type One Energy is the older company (2023 vs 2019).
Side-by-Side Comparison
| Metric | Proxima Fusion | Type One Energy |
|---|---|---|
| Founded | ||
| Founded | 2023 | 2019 older |
| Headquarters | ||
| Headquarters | Germany | Knoxville, United States |
| Employees | ||
| Employees | 180 | 127 |
| Industry | ||
| Industry | Energy | Energy, Clean Energy |
| Funding Stage | ||
| Funding Stage | Series Unknown | Grant |
| Total Funding | ||
| Total Funding | $662.00M | $29.00M |
| Funding Rounds | ||
| Funding Rounds | 9 | 2 |
| Services | ||
| Services | Fusion Power Plant Conceptualization, Stellarator Design and Optimization, Engineering and Computational Research, Collaborative Project Development | Not tracked yet |
| Target Customers | ||
| Target Customers | Energy Companies, Research Institutions, Government Energy Departments, Investment Entities in Renewable Energy | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Stellarator Technology, Magnetic Confinement, High-Energy Particles, Fusion Power Plants, Innovative Energy Solutions, Climate Solutions, Energy Optimization, Europe’s Fusion Industry, Next-Gen Energy Tech, Advanced Energy Systems | Stellarator Fusion, HTS Magnets, Additive Manufacturing, Clean Energy, Sustainable Energy, Fusion Power, High-Temperature Superconductors, Advanced Manufacturing, Plasma Physics, Energy Technology, Commercialization, Compact Fusion Reactor, Startup, Investment |
| Website | ||
| Website | proximafusion.com | typeoneenergy.com |
About Proxima Fusion
Proxima Fusion, founded in 2023, is quickly emerging as a transformative player in the energy industry, known particularly for building the first generation of stellarator fusion power plants. Headquartered in Germany, Proxima Fusion is Europe’s fastest-growing fusion company, embodying its slogan,...
About Type One Energy
Type One Energy Group is a cutting-edge startup in the energy industry, with a clear mission to revolutionize the global energy landscape by commercializing the stellarator fusion power system. The company, established in 2019, boasts a team of renowned fusion scientists and seasoned business leader...
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