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HB11

Energy · Sydney, Australia · Founded 2017

HB11 Energy aims to create a new source of clean, safe and reliable energy using laser technology to fuse Hydrogen and Boron-11 MoreLess

HB11 Energy, headquartered in Sydney, Australia, is at the forefront of developing commercially viable fusion energy technology. The company specializes in laser boron fusion, a method that uses boron as a fuel to create energy. This approach is not only incredibly energy-dense but also boasts a dramatically lower environmental impact compared to traditional energy sources like fossil fuels, nuclear, solar, or wind. The company’s core team comprises scientists, engineers, managers, and entrepreneurs, including four winners of the Edward Teller Award for pioneering research in thermonuclear fusion. HB11 Energy aims to provide a safe, sustainable, and globally deployable energy solution that does not rely on restricted fuels like Tritium. Instead, it uses boron, which is safe, plentiful, non-radioactive, and cannot be weaponized. The company operates in the clean energy market, targeting both public and private sectors that are looking for reliable and long-term energy solutions. HB11 Energy generates revenue through partnerships, licensing agreements, and potentially future energy sales. The company’s mission is to create solutions that will safely generate the most abundant and permanent supply of clean energy, contributing significantly to the global energy transition.

Keywords: fusion energy, laser boron, clean energy, thermonuclear fusion, energy transition, non-radioactive, sustainable, global deployment, energy-dense, Edward Teller Award.

Company overview

HB11 company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2017
Headquarters
Sydney, Australia
Employees
19
Open positions
None listed
Dealroom signal
67.9
client focusb2btechnologyDeep Techsub industryClean Energybusiness modelManufacturingsectorHydrogensectorSpinoutsectorSustainable Development GoalssectorNuclear FusionsectorClimate TechsectorDT and LSsectorscience-basedindustryEnergy

Valuation & funding

HB11 funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SUPPORT PROGRAMOther financing Jul 2024 $0 Third Derivative
GRANTOther financing Aug 2023 $0 US Department of Energy
SEEDEquity / VC Feb 2021 $3.1M $12M Undisclosed
SPINOUTOther financing Sep 2017 $0 University of New South Wales
Showing 4 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 19
2025 19
2024 14
2023 11
2022 7
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

HB11 website traffic

Latest recorded traffic for HB11 is 1.5K monthly website visits, up 15.4% over the last three months. HB11's team grew 0% over the past year.

Latest monthly visits1.5K 3-month web change+15.4% 1-year team growth0%
Monthly website visits69 observations · Oct 2020–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

HB11 compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
HexiumAdvanced isotope enrichment technology for clean energy, nuclear medicine, and industrial applications with low capital costs Austin, United States Operational 17 $9.5M $38M
Type One EnergyType One is commercializing the stellarator fusion concept, the ultimate clean power source, and making it affordable and available to all Knoxville, United States Operational
EX-FusionEX-Fusion aims to build and power the first laser-powered commercial nuclear fusion reactor Osaka, Japan Operational
Mash MakesEnergy company that approaches to extracting value from unused resources, based on a unique combination of theoretical analysis and practical, on-the-ground validation Copenhagen, Denmark Operational
Focused EnergyCombining U.S. fusion science with German laser engineering to deliver modular, commercially viable fusion from proven ignition technology Darmstadt, Germany Operational
Sungrow Power SupplyA company developing PV inverter solutions and energy storage systems Hefei, China Operational
HystarMakes advanced PEM electrolysers for large scale green hydrogen production Bærum, Norway Operational
Zap EnergyZap Energy is building a low-cost, compact, scalable fusion reactor with no magnets and the potential for a short path to commercially viable fusion energy Seattle, United States Operational
Showing 8 of the closest matchesCompare every metric →

Talent graph

HB11's talent

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Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

6 investors on HB11's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
US Department of Energy
Other known 5 additional known investors
Third Derivative
University of New South Wales
Grantham Foundation
Lukasz Gadowski
Team Global

Global footprint

Where HB11 has talent and traffic

Workforce by country
5 countries with
team presence
🇦🇺 Australia61.5%
🇺🇸 United States15.4%
🇱🇺 Luxembourg7.7%
🇦🇪 United Arab Emirates7.7%
🇮🇹 Italy7.7%
5 countries shown

In the news

Latest news about HB11

Recent press, funding announcements, and product moves mentioning HB11 — open to read from the original sources.

See all news

Market sentiment

What the market is saying about HB11

An AI-synthesized read of the highest-engagement posts about HB11 on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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