Record funding for European fusion; world's largest privately owned laser just turned on; Thea Energy raises $100M in new funding

About this episode

This episode covers significant funding developments in the European fusion sector and highlights advancements in fusion technology.

Jasmine Mund, mechanical design engineer with a key interest in the fusion industry, gives this week’s global Fusion News update. As always, links to the stories mentioned are included below. 1. Record funding for European fusion https://www.neimagazine.com/news/record-funding-for-european-fusion/ 2. The world’s largest privately owned laser just turned on https://techcrunch.com/2026/06/03/the-worlds-largest-privately-owned-laser-just-turned-on/ 3. Thea Energy Raises $100 Million in New Funding to Advance Fusion Technology https://www.powermag.com/thea-energy-raises-100-million-in-new-funding-to-advance-fusion-technology/ 4. Commonwealth Fusion Systems says papers validate its quest to generate power https://www.reuters.com/business/energy/commonwealth-fusion-says-papers-validate-its-quest-generate-power-2026-06-04/ 5. Helion hits $15.5B valuation with $465M in new cash as it aims to commercialize fusion this decade https://www.geekwire.com/2026/helion-hits-15-5b-valuation-with-465m-in-new-cash-to-commercialize-fusion-this-decade/#:~:text=Helion%20Energy%2C%20a%20startup%20racing,now%20valued%20at%20%2415.5%20billion. Bonus: https://www.youtube.com/watch?v=jTH0kJ6dSaE…

People in this episode

Host: Jasmine Mund

Topics covered

• fusion funding
• fusion technology
• private laser
• energy advancements
• investment in fusion

Keywords

• fusion
• funding
• Thea Energy
• Commonwealth Fusion Systems
• Helion Energy
• private laser
• energy technology

Mentioned in this episode

Organizations: Thea Energy, Commonwealth Fusion Systems, Helion Energy, Fusion Industry Association

Places: Europe

More episodes of Fusion News

• CFS and Singapore's A*STAR to develop tech for commercial fusion plants; Thea Energy announces operation of full-scale planar shaping coils; NIF researchers project over 10x increase in fusion yields · May 27, 2026 · 8 min
• British-US consortium to build UK fusion plant; Commonwealth Fusion Systems applies to join grid; European fusion CEOs call for EU fusion strategy · May 13, 2026 · 5 min
• Proxima’s stellarator fusion machine; UKAEA invests in First Light Fusion; $95M magnet deal with Tokamak Energy moves UK closer to fusion power plant · April 29, 2026 · 10 min
• ARPA-E Announces Record Fusion Investment; Realta Fusion Secures HTS Magnet Supply · April 15, 2026 · 5 min
• UK fusion strategy revealed; OpenAI in talks with Helion; EU invests €330 million in fusion; Novatron advances Nordic fusion plans · April 1, 2026 · 7 min
• First Light validates tritium breeding; US takes step to solidify rules on fusion energy · March 18, 2026 · 7 min