H
HB11
HB11 Energy aims to create a new source of clean, safe and reliable energy using laser technology to fuse Hydrogen and Boron-11
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SUPPORT PROGRAM✓Other financing | Jul 2024 | $0 | — | Third Derivative | ↗ |
| GRANTOther financing | Aug 2023 | $0 | — | US Department of Energy | ↗ |
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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