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HB11

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

Sydney, AustraliaFounded 2017Energy
Valuation $10–25M Last recorded · 2021
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for HB11 and the history behind them.

About HB11

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Sydney, Australia
Employees
19
Open positions
None listed
Dealroom signal
67.9/100
Industry
Energy
Sub-industry
Clean Energy
Sector
Energy, Hydrogen, Spinout, Sustainable Development Goals, Nuclear Fusion, Climate Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SUPPORT PROGRAM✓Other financing Jul 2024 $0 — Third Derivative ↗
GRANTOther financing Aug 2023 $0 — US Department of Energy ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

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%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on 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 →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • US Department of Energy

Other known investors5 additional known investors

  • Third Derivative
  • University of New South Wales
  • Grantham Foundation
  • Lukasz Gadowski
  • Team Global
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.

Global footprint

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

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about HB11 on X, ranked by likes and reposts, corporate channels excluded.

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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