Focused Energy
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Investors
Founders
About
Focused Energy is a German-American laser-fusion company founded in 2021 as a TU Darmstadt spinout by CEO Thomas Forner and CSO Prof. Markus Roth, with offices in Darmstadt, Berlin, Austin, and San Francisco; the company is building what it claims will be the world’s first commercial laser-fusion power plant on RWE’s former Biblis site in Hesse, Germany 1234. The $240M (€206M) Series A announced May 27, 2026 was led by RWE — which expanded its initial October 2025 investment by an additional €60 million and will make the Biblis site available for fusion use as part of decommissioning — with participation from SPRIND (the German Federal Agency for Breakthrough Innovation), the European Innovation Council Fund, returning lead Prime Movers Lab, Beteiligungs-Managementgesellschaft Hessen, and Futury Capital, plus investors from Europe, the US, Asia, and the Gulf region 12345. The company describes the round as the largest fully-secured Series A in the global fusion industry to date 1.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-05-27 | Series A | $240M (€206M; RWE contributed €60M) | RWE | SPRIND, European Innovation Council Fund, Prime Movers Lab, Beteiligungs-Managementgesellschaft Hessen, Futury Capital 12345 |
What Investors Say
“Thanks to its excellent research ecosystem and innovative start-ups such as Focused Energy… Germany is well-positioned to take a leading global role in nuclear fusion. That is why we are prepared to further expand our investment.” — Dr. Markus Krebber, CEO of RWE AG 145
What Founders Say
“Fusion energy is entering a new era in Germany and Europe. It is now about how we can effectively translate our scientific excellence and industrial strength in fusion technology into industrial value creation.” — Thomas Forner, Co-Founder & CEO of Focused Energy 1
“Speed is what counts now on the road to the first fusion power plant in Germany. Fusion is a European endeavor. But Germany can and should be the industrial anchor.” — Prof. Markus Roth, Co-Founder & CSO of Focused Energy 1
Sources
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Focused Energy, “Focused Energy Sets a New Benchmark: $240 Million for the Largest Series A Financing in the Global Fusion Industry,” May 27, 2026. Accessed May 2026. https://www.focused-energy.co/news-release/focused-energy-sets-a-new-benchmark-240-million-for-the-largest-series-a-financing-in-the-global-fusion-industry↩↩↩↩↩↩↩
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ChemEurope, “Focused Energy secures US$240 million: the world’s first laser fusion power plant is set to be built in Germany,” May 2026. Accessed May 2026. https://www.chemeurope.com/en/news/1188788/focused-energy-secures-us-240-million-the-worlds-first-laser-fusion-power-plant-is-set-to-be-built-in-germany.html↩↩↩
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FusionXInvest, “Focused Energy raises $240m in Series A,” May 2026. Accessed May 2026. https://fusionxinvest.com/news/11108/focused-energy-raises-240m-in-series-a/↩↩↩
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RWE AG press release, “RWE increases investment in Focused Energy,” May 27, 2026. Accessed June 2026. https://www.rwe.com/en/press/rwe-ag/2026-05-27-rwe-increases-investment-in-focused-energy/↩↩↩↩
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Clean Energy Wire, “Laser fusion startup Focused Energy raises over €200 mio in record funding round,” May 28, 2026. Accessed June 2026. https://www.cleanenergywire.org/news/laser-fusion-startup-focused-energy-raises-over-eur200-mio-record-funding-round↩↩↩