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Fusion power may not be sci-fi. Just ask the people who sunk $5B into it.

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Why This Matters

The surge in private investment in fusion energy signals a potential breakthrough in clean, limitless power, which could revolutionize the energy industry and reduce reliance on fossil fuels. This shift indicates growing confidence that fusion may soon become a viable and commercially available energy source, impacting consumers and global energy markets alike.

Key Takeaways

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Fusion energy has been “20 years away” for decades, but has the science finally caught up? Private investment in fusion companies surged from $10 billion to $15 billion in just months, and the money is coming from places you wouldn’t expect.

Watch as Rebecca Bellan and guest host Tim De Chant sit down with Rachel Slaybaugh, general partner at DCVC on this episode of TechCrunch’s Equity podcast. The trio breaks down why serious investors are finally treating fusion as a real asset class, and what the return thesis actually looks like when no one expects a power plant in their fund lifetime.

Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.