StoryFunding
Focused Energy secures $240M Series A for world's first commercial laser fusion plant at Biblis
Focused EnergyBiblis Laser Fusion Plant
Focused Energy completed a $240 million Series A funding round from RWE, SPRIND, Prime Movers Lab, and the European Innovation Council Fund, the largest fully-secured Series A in the global fusion industry. The company is building a 1 GW laser fusion power plant at the former RWE Biblis nuclear site in Hesse, Germany, targeting operation by 2035.
- Series A of $240M, the largest fully-secured Series A in global fusion industry, closed July 2026
- Plant location at former RWE Biblis nuclear site in Hesse, Germany, with existing grid and infrastructure
- Investors include RWE (strategic partner and site owner), SPRIND (German federal innovation agency), and Prime Movers Lab
- Laser fusion is the only fusion approach to achieve scientifically-verified net energy gain in a laboratory
- Planned 1 GW plant targeting operation by 2035