Type One Energy
ConvictionContext
Pre-revenue deep-tech developer; plans to license stellarator plant technology to utilities and operators rather than own/operate plants; near-term funding from venture capital, DOE milestone-program awards, and state/utility cost-share
Revenue
Not disclosedeffectively pre-revenue (grant/milestone income onlyRev growth
n/apre-revenueGross margin
n/apre-revenueOp margin
n/a - R&D-stage burnnot disclosedCapex intensity
High and rising: Infinity One prototype at Bull Run targeted for 2029 commissioning and startupInfinity Two pilot plant capex expected to be multi-billion and utility/partner-fundedValuation
Private. ~$900M pre-money Series B targetTechCrunch, Jan 2026); round not confirmed closed as of 2026-07. Last closed instrument: $87M convertible note, Jan 2026Valuation trail
$900M31.0× since 2023
4 marks · 2023–Jun 2026
private — no public price
Priced round
Type One has never disclosed a closed priced-round valuation. The only public valuation mark is the $900M pre-money Series B target reported by TechCrunch (Jan 2026), carried forward while the round remains open. Seed-era points show cumulative capital raised as a conservative floor, not a market valuation.
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Full financial intelligence for Type One Energy
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage 2026-07· sign in (free) for the analyst summary; Pro unlocks full intelligence