May 27, 2026
Darmstadt (GER), May 27, 2026 – Focused Energy, the world’s leading laser fusion company, has raised $240 million in a Series A financing round — making it the largest fully secured Series A financing in the global fusion industry to date. This milestone financing by the Darmstadt-based company sets a new benchmark and makes it the most valuable fusion company in Europe. Focused Energy is pursuing laser fusion, which is the only approach to fusion for which a scientifically verified net energy gain has been demonstrated to date.
In addition to RWE, the investors include the Federal Agency for Breakthrough Innovation SPRIND, the European Innovation Council Fund, and the previous lead investor, Prime Movers Lab.
The oversubscribed round attracted not only financially strong investors from Germany, Europe, Asia, and the Gulf region — including potential buyers of fusion energy — but also capital providers willing to fund the entire construction phase through to a fusion power plant.
With RWE, Focused Energy gains both a strategic investor and an industrial partner that enables use of the Biblis site, located near Frankfurt am Main, for laser fusion and contributes regulatory expertise. This positions Focused Energy optimally to advance the industrialization of fusion technology in Germany and Europe at high speed and to accelerate the path to commercial use.
Dr. Markus Krebber, CEO of RWE AG: “Thanks to its excellent research ecosystem and innovative start-ups such as Focused Energy – one of the leading companies in the field of laser fusion – Germany is well-positioned to take a leading global role in nuclear fusion. That is why we are prepared to further expand our investment in Focused Energy. It sends an important message that the German federal and state governments are working together to advance development with the goal of building a commercial fusion reactor in Germany. RWE fully supports this goal: with our sites that we are currently decommissioning, their existing nuclear infrastructure, and our long-standing expertise in dealing with regulatory approvals, we are creating ideal conditions to secure internationally competitive advantages for Germany, both in terms of time and costs.”
Milestone for the Fusion Industry: First Laser Fusion Power Plant to Be Built in Biblis
Focused Energy’s new capital is to be invested into the former RWE power plant site in Biblis, Hesse. By utilizing the existing infrastructure at the Biblis site and RWE’s power plant expertise, the development of fusion systems will significantly accelerate, and will lead to the establishment of a new leading industry in Hesse.
Further investments in the development of the technology as well as in the systematic build-up of robust supply chains will drive the Europe-wide fusion industry ecosystem.
The project in Biblis can thus serve as a blueprint for the industrial scaling of fusion technology, while also representing a clear commitment to Germany and Hesse as a business location. The emerging fusion industry ecosystem has the potential to become the nucleus of a new high-technology industry “Made in Germany” - with tens of thousands of skilled jobs, strong export prospects, and high strategic importance for the industrial location.
Focused Energy Builds in Germany first
Focused Energy is making a long-term commitment to Europe, with a clear focus on Germany and particularly Hesse as the central location for industrial implementation.
“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 - prioritized by the German High-Tech Agenda - into industrial value creation,” explains Thomas Forner, co-founder and CEO of Focused Energy. “We thank our partners and investors for their trust. The successful financing round confirms our scientifically grounded laser fusion approach, which has taken Focused Energy from a start-up to the world’s leading laser fusion company in just four years. With the new capital, we can further expand our lead in laser fusion in Hesse.”
Broad Political and European Support for Germany’s Industrial Fusion Push
Kaweh Mansoori, Hesse’s Minister of Economic Affairs and Deputy Minister-President:
“RWE’s investment in Focused Energy, alongside international investors, is excellent news for Hesse. The scale of the investment sends a strong signal and is a clear sign of confidence in our region. It demonstrates that future technologies emerge where innovative strength, industrial expertise, and reliable framework conditions come together.
The fact that international capital is flowing specifically to southern Hesse underscores our state’s appeal for investments in key technologies such as nuclear fusion. Hesse offers a strong environment for this, with support from our state-backed funds HessenFonds Beteiligungen and Hessen Kapital, as well as excellent research, a high-performing industrial sector, and a clear political commitment to innovation and climate protection.
Focused Energy exemplifies this strength. Such investments create high-quality jobs, strengthen our industrial base, and bring us an important step closer to achieving a climate-neutral, secure, and long-term affordable energy supply.”
Rafael Laguna de la Vera, Director of the Federal Agency for Breakthrough Innovation (SPRIND):
“Building the first commercial fusion reactor is the most important moonshot mission of the 21st century. We want to prove that breakthrough innovations capable of significantly improving our lives can originate in Germany. This requires the successful collaboration of science, government, start-ups, and industry. This financing round is an impressive blueprint for exactly that.”
Nicola Beer, Vice President of the European Investment Bank:
“The fact that a deep-tech company like Focused Energy is relocating its technological and industrial focus back to Europe is not just a location decision, but also a powerful signal. Europe and Germany are demonstrating that in the global competition for future technologies, they are not merely reacting but are actively reclaiming industrial competence, technological know-how, and innovative strength. That is precisely where Europe’s opportunity lies: strengthening technological sovereignty, securing industrial value creation, and redefining Europe’s role as a leading deep-tech hub.”
Prof. Markus Roth, co-founder and CSO of Focused Energy, adds:
“Speed is what counts now on the road to the first fusion power plant in Germany. We are showing courage and driving the transfer of research results into industrial application. Fusion is a European endeavor. But Germany can and should be the industrial anchor. In laser fusion, Germany is exceptionally well positioned, as our optoelectronics industry is world-class. Those who scale now can set the global technological, regulatory, and economic standards.”
About Focused Energy
Focused Energy is a German American fusion company headquartered in Darmstadt, with offices in Berlin, Austin, and San Francisco. Founded in 2021 as a spin-off of Technical University Darmstadt, the company develops laser-based fusion technology with the goal of making clean, safe, and virtually inexhaustible energy industrially usable. As the world’s leading company in laser fusion, Focused Energy pursues a consistently industry-oriented approach: building on decades of international fusion research and the technological expertise of its founders, the company combines scientific excellence with the speed and scalability of a privately financed high-tech company. With a team of more than 160 leading scientists and engineers from over 20 nations, Focused Energy is driving the development toward the first commercial laser fusion power plant and is playing a key role in shaping the build-up of a new fusion industry ecosystem. The goal is to transfer fusion technology from research into industrial application in Germany and to build the world’s first laser fusion power plant in Biblis together with partners from industry and science by the mid-2030s.
https://www.focused-energy.co
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