Tokamak Energy

Component Supplier Fusion Machine Developer
Tokamak Energy logo

Founding Year

2009

Location

🇬🇧 Abingdon-on-Thames, Oxfordshire, United Kingdom

Company Founders

David Kingham

Mikhail Gryaznevich

Alan Sykes

Leadership

David Kingham, Executive Vice Chairman

Warrick Matthews, CEO

Mikhail Gryaznevich, Chief Scientist

Tokamak Energy is developing compact spherical tokamak machines that utilize high-temperature superconducting (HTS) magnets. In 2024, Tokamak Energy launched TE Magnetics, a division dedicated to designing and supplying HTS magnet systems for both fusion and broader industrial, medical, and scientific applications.

Projects

FAST

FAST image

ST25 HTS

ST25 HTS image

ST40

ST40 image

Funding Received (Investment)

November 20, 2024

roundSeries C-2

$125,000,000

AnnouncementSeries C-2

November 20, 2023

roundSeries C-1

$50,000,000

AnnouncementSeries C-1

January 20, 2020

round

$87,000,000

Announcement

January 15, 2017

round

$12,000,000

Announcement

February 14, 2011

round

$213,256

Announcement

Funding Received (Nondilutive)

December 5, 2024

programST40 Upgrade

$34,666,666

AnnouncementST40 Upgrade

May 31, 2023

programMilestone-Based Fusion Development Program

Jobs

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