Series B second close · Climate tech
Helical Fusion raises ¥3.23bn in second Series B close
The latest investment takes the Japanese fusion developer’s Series B total to ¥5.93bn.
Industrial partners join the fusion programme
Participants include Hazama Ando, Fuji Electric, Fujikura and Tokyo Gas, alongside a dedicated ECrowd NEXT fund, Urata, KKT and Kepple Group. Hazama Ando’s previously announced July investment is included in this close.
The company’s development programme links a demonstration device with plans for a first power-generating plant in the 2030s. Its reported lifetime financing of ¥13.05bn also includes loans and grants, making it broader than the equity raised in this Series B.
Use of funds
Advance the Helix fusion development and demonstration programme
Funding history
Series B second close · This round¥3.2B