# Energy startup funding, July 2026: Joulent's $1.8B Growth leads 16 rounds > We read 16 equity rounds in Energy announced in July 2026, raising $4.8B between them: 7% of all the rounds we read that month and 12% of the money. Source: https://millionrounds.com/news/monthly/2026-07/sector/energy (Millionrounds; every figure on the page links to its filing or article) Equity rounds **16** in Energy, 15 with an amount Raised **$4.8B** across those rounds Lead named **81%** of rounds say who led Share of the month **7%** of rounds; 12% of the money ## The biggest rounds - [1 J **Joulent** Growth · United States · led by National Grid **$1.8B**](https://millionrounds.com/company/joulent) - [2 C **Commonwealth Fusion Systems** Growth · United States **$1.0B**](https://millionrounds.com/company/commonwealth-fusion-systems) - [3 **Antora Energy** Series C · United States · led by Eclipse, G2 Venture Partners **$550M**](https://millionrounds.com/company/antora-energy) - [4 **Proxima Fusion** Series B · Germany · led by XTX Ventures, East X Ventures **$468M**](https://millionrounds.com/company/proxima-fusion) - [5 **CuspAI** Series B · United Kingdom · led by New Enterprise Associates, Kleiner Perkins **$450M**](https://millionrounds.com/company/cuspai) - [6 S **Sila** Growth · United States · led by Sutter Hill Ventures, Atreides Management **$300M**](https://millionrounds.com/company/sila) - [7 **Quaise Energy** Series B · United States · led by Prelude Ventures **$134M**](https://millionrounds.com/company/quaise-energy) - [8 **General Fusion** Growth · Canada **$108M**](https://millionrounds.com/company/general-fusion) - [9 N **Nuclear Turbines** Pre-seed · United Kingdom · led by Empirical Ventures **$20M**](https://millionrounds.com/company/nuclear-turbines) - [10 **Gridcog** Series A · United Kingdom · led by ABB Technology Ventures **$14M**](https://millionrounds.com/company/gridcog) ## Day by day Equity rounds in Energy announced each day of July. The busiest day was 21 July, with 3. 1 July 31 July ## By stage, against the year Each stage's median this month beside its twelve-month median: the sector's own where we hold enough rounds for a benchmark, otherwise the one across all sectors. [Pre-seed](https://millionrounds.com/benchmarks/pre-seed) *2* **$15M** this month **$2.0M** 12 months, all sectors [Seed](https://millionrounds.com/benchmarks/seed/energy) *1* **$2.9M** this month **$5.0M** 12 months here [Series A](https://millionrounds.com/benchmarks/series-a/energy) *4* **$11M** this month **$26M** 12 months here [Series B](https://millionrounds.com/benchmarks/series-b) *3* **$450M** this month **$50M** 12 months, all sectors [Series C](https://millionrounds.com/benchmarks/series-c) *2* **$550M** this month **$100M** 12 months, all sectors [Growth](https://millionrounds.com/benchmarks/growth) *4* **$650M** this month **$113M** 12 months, all sectors ## Where - [United States](https://millionrounds.com/news/monthly/2026-07/united-states) **6** - [United Kingdom](https://millionrounds.com/news/monthly/2026-07/united-kingdom) **4** - [Germany](https://millionrounds.com/news/monthly/2026-07/germany) **3** - Canada **1** - [China](https://millionrounds.com/news/monthly/2026-07/china) **1** - [India](https://millionrounds.com/news/monthly/2026-07/india) **1** United States had the most Energy rounds this month. ## Against the month - Rounds, Energy **16** - Rounds, all sectors **216** - Raised, Energy **$4.8B** - Raised, all sectors **$41B** [The whole of July 2026](https://millionrounds.com/news/monthly/2026-07) ## Other sectors in July [131 rounds **AI** *→*](https://millionrounds.com/news/monthly/2026-07/sector/ai)[36 rounds **Fintech** *→*](https://millionrounds.com/news/monthly/2026-07/sector/fintech)[16 rounds **Climate Tech** *→*](https://millionrounds.com/news/monthly/2026-07/sector/climate)[16 rounds **Manufacturing** *→*](https://millionrounds.com/news/monthly/2026-07/sector/manufacturing)[15 rounds **Healthcare** *→*](https://millionrounds.com/news/monthly/2026-07/sector/healthcare)[15 rounds **Cybersecurity** *→*](https://millionrounds.com/news/monthly/2026-07/sector/cybersecurity)[15 rounds **Robotics** *→*](https://millionrounds.com/news/monthly/2026-07/sector/robotics)[13 rounds **Software** *→*](https://millionrounds.com/news/monthly/2026-07/sector/software)[13 rounds **Aerospace & Space** *→*](https://millionrounds.com/news/monthly/2026-07/sector/aerospace)[12 rounds **Hardware & Electronics** *→*](https://millionrounds.com/news/monthly/2026-07/sector/hardware)[12 rounds **Construction** *→*](https://millionrounds.com/news/monthly/2026-07/sector/construction)[12 rounds **Big Data & Analytics** *→*](https://millionrounds.com/news/monthly/2026-07/sector/big-data)[12 rounds **Biotech** *→*](https://millionrounds.com/news/monthly/2026-07/sector/biotech) **How this roundup is made** It is written from the rounds we read that month in named articles and filings, by the sectors we file each company under; a company can sit in more than one, so sector roundups overlap. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each sector with 10 or more equity rounds in a month gets its own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)