# Type One Energy raises $200 million Series B to build its Infinity Two fusion plant

Canonical page: https://technooptimist.io/stories/type-one-energy-raises-200-million-series-b-to-build-its-infinity-two-4abb19d6
Date: 6 Oct 2026
About: [Type One Energy](https://technooptimist.io/companies/type-one-energy.md) · [Infinity Two](https://technooptimist.io/energy/infinity-two.md)
Original source: https://esgtoday.com/type-one-raises-200-million-to-build-first-ever-commercial-fusion-energy-plant

Type One Energy, a Tennessee fusion startup, raised a $200 million Series B led by Breakthrough Energy Ventures and Clutterbuck Capital, taking its total funding past $400 million. The money goes to its stellarator program and to design work for Project Infinity at the TVA Bull Run site.

## Key facts

- Lowercarbon Capital, Siemens Energy Ventures and SiteGround Capital also invested in the round.
- Project Infinity includes Infinity One, an engineering prototype stellarator, and Infinity Two, a planned 400 MWe commercial fusion plant.
- Tennessee has issued Project Infinity an initial operating license; the article names no TVA-imposed conditions.
- A UK deployment is also in progress through the Infinity Fusion Consortium with Tokamak Energy, AECOM, Sheffield Forgemasters and Barclays.

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