United States · Series F startup

Who invested in Helion Energy

3 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

CleantechEnergy

Valuation: $5.4B, Mar 2026Y Combinator: S14

Funding summaryUpdated 15 Nov 2026

$437Mraised across 3 rounds since 2014, from 5 sources

$1.5MSeed$11MVenture$425MSeries F
Latest round
Series F, $425MJan 2025
Step-upi
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Investors
11
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201420162018202020222024
$1.5MSeed$11MVenture$425MSeries F
First round
Seed, $1.5M
Aug 2014
Biggest round
$425M
Series F · Jan 2025
Usual gap between rounds
9.6 years
the median of 2

The rounds

  1. Jan 2025
  2. Jul 2015
    Venture$11M

    No investor was named in the report.

    From a historical funding recordSEC filing: $11M sold, first sale Jun 2015

  3. Aug 2014
    Seed$1.5M2 new

    From a historical funding recordSEC filing: $1.5M sold, first sale Jul 2014

Funding filed with regulators

Helion Energy filed 2 raises, $12M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Jun 2015$11M6 investorsequityof $21M offeredSEC Form D
  2. Jul 2014$1.5M3 investorsequitySEC Form D

Founders and team

From Helion Energy's own website and the SEC filings it signed: 4 founders, 5 on the team.

David KirtleyCo-founder & CEONamed on its 2015 Form D
Chris PihlCo-Founder & CTO
George VotroubekCo-Founder & Chief Scientist
Anthony PancottiCo-founder
  • Prag JainChief Financial Officer
  • Savanna ThompsonChief Business Operations Officer
  • Lynn MillerGeneral Counsel
  • Christopher PihlExecutive Officer, Directori
  • John SloughExecutive Officer, Directori

On the board, as filediAjay RoyanSam Altman

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Y CombinatorAccelerator2rounds
SoftBankInvestment firm1round
Sam AltmanAngel1round
Capricorn InvestmentFamily office1round
SoftBank Vision Fund 2Growth equity1round
Dustin MoskovitzAngel1round
Good VenturesVC firm1round
Nucor CorpGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Helion Energy as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

ANTI FUNDVC firmPer its own site
Unmatched VenturesVC firmPer its own site

Quick answers about Helion Energy

Who invested in Helion Energy?

Helion Energy's investors include Y Combinator, Mithril Capital Management, Lightspeed Venture Partners, SoftBank and SoftBank Vision Fund, and 6 more on record.

How much has Helion Energy raised?

Helion Energy has raised $437M across 3 rounds since 2014.

When did Helion Energy last raise?

Helion Energy's most recent round was a Series F of $425M in Jan 2025.

What was Helion Energy's biggest round?

Its most recent round, $425M in Jan 2025, is also its largest on record.

Who backed Helion Energy first?

Helion Energy's first round on record, in Aug 2014, was backed by Y Combinator and Mithril Capital Management.

What stage is Helion Energy at?

Helion Energy's latest named round is a Series F, in Jan 2025.

Where is Helion Energy based?

Helion Energy is based in the United States.

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