Orion Industrial Ventures
Funding rounds with this investor on the cap table.
Wednesday, May 27, 2026
Thea Energy raises a $100.0M Series B roundThea Energy · Led by USITWebsiteSource
Thea Energy is a New Jersey-based fusion power company commercializing a planar-coil stellarator architecture, using arrays of mass-manufacturable superconducting magnets and software-defined controls in place of precision-machined 3D coils. Spun out of Princeton University and Princeton Plasma Physics Laboratory in 2022, it is an awardee of the US Department of Energy's Milestone-Based Fusion Development Program and is building the Eos integrated stellarator en route to its first commercial Helios power plant.
Series B