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Funding Friday: Of Stellarators and SPACs

Summary by heatmap.news
Nuclear is once again a dominant theme this week, with fusion startup Thea Energy landing a $100 million Series B that will help it expand its magnet manufacturing capabilities. While $100 million is nothing to scoff at, it somehow sounds modest alongside some of this year’s other deals, which include a $450 million Series A for Inertia Enterprises and $240 million for Shine Technologies. This week also brought the news that small modular reacto…

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heatmap.news broke the news in New York, United States on Friday, May 29, 2026.
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