Every fusion startup that has raised over $100M

techcrunch.com Jun 20, 2026

Every fusion startup that has raised over $100M

Curated by Shubham · TechCapsules · Jun 20, 2026

AI-summarised brief · reviewed before publication

Fusion power has gained significant traction in recent years, with investors pouring in millions to support startups working on commercially viable fusion power plants. Companies like Commonwealth Fusion Systems, TAE Technologies, and Helion have made notable advancements, leveraging breakthroughs in computer chips, AI, and high-temperature superconducting magnets to develop sophisticated reactor designs and control schemes. A recent experiment at a U.S. Department of Energy lab crossed the scientific breakeven threshold, further solidifying the potential of fusion power to upend trillion-dollar markets.

💡 Why It Matters

· The fusion industry's rapid progress has significant implications for the energy landscape, potentially disrupting markets worth trillions of dollars.
· As companies like Commonwealth Fusion Systems and Helion push forward with aggressive timelines, the prospect of nearly limitless energy becomes increasingly tangible, raising questions about the future of traditional energy sources and the role of startups in driving innovation.

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ABB Solar & Storage Power Move — New High-Efficiency Power Conversion Solutions…

ABB has launched its Proteus PV and battery energy storage systems (BESS) portfolio, designed to meet the growing demand for high-efficiency power conversion solutions in the renewable energy sector. The Proteus portfolio includes inverters, stations, and control systems that deliver industry-leading efficiency up to 99.45 percent, reducing equipment stress and extending system lifetime. ABB's enhanced portfolio is set to be showcased at Intersolar 2026 in Munich, Germany, and is expected to support the rapid growth of utility-scale solar projects worldwide.

💡 The global energy transition relies on proven, scalable, and reliable power conversion solutions, and ABB's Proteus portfolio is poised to meet this demand. By delivering high-performance and consistent project execution worldwide, ABB's solutions can help bridge the gap between renewable energy generation and grid stability, ultimately supporting the achievement of global net-zero targets.

cleantechnica.com · Jun 19

Electricity Bills in Spain €10 Lower Thanks to Renewable Energy

Spain's strong renewable energy adoption has resulted in a €10 monthly savings for households due to reduced reliance on natural gas for electricity. According to an analysis by Ember, gas usage has decreased from 52% of hours in 2021 to 9% in 2026, thanks to a 37% growth in wind and solar generation. This shift has saved households approximately €197 million in total, with wholesale gas prices rising 60% in the EU since the US started bombing Iran. Spain's renewable energy shield has kept power bills down for households and businesses.

💡 A €10 monthly savings for Spanish households translates to a significant economic boost, allowing for increased spending and supporting the local economy. This success story serves as a model for other countries to follow, highlighting the importance of transitioning to renewable energy to mitigate the impact of global instability on energy prices.

energy-storage.news · Jun 19

Investment under uncertainty: How AI, volatility and real-options thinking are reshaping battery…

Artificial intelligence and hyperscale data centers are driving electricity demand growth and operational volatility in advanced economies, pushing power systems into a new era of accelerating demand. This shift is creating a need for flexibility in the grid, rather than simply more generation capacity. Utility-scale battery storage systems (BESS) are emerging as a key flexibility layer, capable of absorbing excess energy during periods of oversupply and releasing it rapidly during scarcity events. The cost of BESS has fallen significantly, making it more economically viable for deployment.

💡 The increasing demand for battery storage highlights the growing importance of real-options thinking in investment decisions. As the grid becomes more volatile, investors must consider the flexibility and adaptability of assets, rather than just their upfront costs. This shift in investor behavior is critical for the development of a more resilient and efficient energy system.

cowboystatedaily.com · Jun 19

Wyoming Wrestles With Unprecedented Power Demand From Massive Data Centers

Wyoming, known for its energy surplus, is facing unprecedented power demand from massive data centers. The state exports 12 times more electricity than it consumes, but new projects, such as Project Jade, will require a significant increase in power usage. The data center will use 2.7 gigawatts of power initially, scaling to 10 gigawatts, which is almost as much as Wyoming's total power generation capacity. With 14 data centers in various stages of development, the state is struggling to accommodate the increased power needs without affecting residential consumers.

💡 Wyoming's grid is on the brink of collapse due to the sheer scale of data center growth, and regulators are scrambling to find a solution. The state's ability to serve these massive loads without harming residential consumers will be a test of its energy infrastructure, and the consequences of failure could be catastrophic.

cleantechnica.com · Jun 19

Here Comes Another New Addition To The US EV Battery Ecosystem

Graphite One, a Canadian firm, is planning to onshore the graphite supply for EV batteries and other energy storage applications in the US. The company has identified a large graphite deposit in Alaska and will ship the graphite to a processing facility in Ohio. This move aims to reduce dependence on overseas suppliers, particularly China, and avoid tariff entanglements and geopolitical complications. Graphite One expects to start operations in 2027, with an initial capacity of 10,000 metric tons per year, and plans to expand to 25,000 metric tons per year by 2028.

💡 The US EV battery manufacturing industry is gaining momentum, and Graphite One's move to onshore graphite supply is a significant development that could help alleviate concerns about supply chain reliability and geopolitical risks. By establishing a domestic graphite supply, US battery manufacturers can reduce their reliance on overseas suppliers and mitigate the impact of tariffs and trade tensions.

energy-storage.news · Jun 19

US BESS integrator FlexGen, LDES tech provider Eos enter European market with…

US energy storage companies FlexGen and Eos Energy Enterprises have entered the European market. FlexGen, a software-focused company, has been awarded projects in the UK, Nordics, Portugal, and Ukraine, leveraging its HybridOS energy management system. Eos has secured its first international commercial framework agreement for its Indensity large-scale energy storage architecture. FlexGen's expansion is driven by rising renewable curtailment and grid flexibility demands across Europe. The company aims to increase revenue through its hardware-agnostic software and integration expertise, supporting hybrid renewable sites and data centres. FlexGen is seeking EU safety and quality standards certification to enter other European countries.

💡 Eos' international framework agreement positions the company for expansion across key European markets, while FlexGen's hardware-agnostic software enables it to work with different battery suppliers in each market, increasing its revenue potential.