Type One Energy

Series AEnergy + IndustrialMadison, WIHybrid & on-site
See 20 open roles

Overview

Developing stellarator fusion technology and equipment for commercial, grid-scale power plants.

Type One Energy develops stellarator fusion technology for commercial electricity generation. The company partners with energy producers worldwide to commercialize and scale the technology, serving as a technology provider and original equipment manufacturer. Its stated goal is to enable safe, clean, affordable fusion energy. One project is Infinity Two, a planned grid-scale fusion power plant with the Tennessee Valley Authority. The company also develops engineering prototypes, including Infinity One in East Tennessee. Its target customers are energy producers and utilities pursuing future sources of large-scale power.

Open roles
20
Teams hiring
3

Engineering · 13

Design · 3

Other · 4

What they’re building

The problem

Energy producers need scalable ways to develop low-carbon electricity, while fusion technology has yet to be deployed as a commercial, grid-scale power source.

Their answer

Provides stellarator fusion technology and equipment as a technology provider and original equipment manufacturer, partnering with energy producers to commercialize and scale fusion power plants. Its work includes the Infinity Two project with the Tennessee Valley Authority.

Built for Energy producers and utilities worldwide seeking to develop commercial, grid-scale fusion power, including large operators with the capacity to build and deploy power-generation projects.

Why we invested

The world needs roughly 20,000 GW of new baseload clean power to reach net zero, and nothing currently on the horizon can deliver it at scale. Type One Energy is building a commercial stellarator fusion reactor, the most mature and technically credible path to steady-state fusion power, with a founding team that designed and operated two of the world's best-performing stellarators, including the billion-dollar W7-X project at the Max Planck Institute. The physics risk is largely retired. What remains is an engineering challenge, and T1E has the team, the IP, the US government backing, and an exclusive licence to MIT's next-generation HTS cable to execute it. This is a moonshot, and we knew that going in. We backed it because the team is irreplaceable, the opportunity is once-in-a-generation, and we believe New Zealand should have a seat at the table when fusion changes the world.

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