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Tokamak Energy
Energy · Milton, United Kingdom · Founded 2009
Commercial fusion energy via spherical tokamaks and HTS magnets. MoreLess
Tokamak Energy is a UK-based startup operating in the energy sector, specifically focusing on the development of fusion energy. The company's mission is to accelerate the development of fusion energy, a form of power generation that is clean, safe, and virtually limitless. The company's primary product is the tokamak, a device used to contain and control the process of nuclear fusion.
The company's leadership team boasts a wealth of experience in the energy, healthcare, and environmental sectors. The team includes Chris Martin, the Chairman, who has a track record of successfully growing businesses and leading them to public offerings or sales. David, the Executive Vice Chairman and former CEO, is a trained theoretical physicist with a history of supporting new technology ventures and securing major contracts. Mikhail, the Chief Scientist, is a leading global authority on tokamaks.
Tokamak Energy's business model revolves around the research, development, and eventual commercialization of their fusion energy technology. Their target market includes energy providers and governments seeking to diversify their energy sources and reduce their carbon footprint. The company generates revenue through investment rounds, grants, and potentially through the sale or licensing of their technology once it is commercially viable.
In summary, Tokamak Energy is a promising startup in the energy sector, leveraging cutting-edge technology and a seasoned leadership team to bring fusion energy to the market.
Keywords: Fusion Energy, Tokamak, Clean Energy, Technology Development, Energy Sector, Investment, Commercialization, Leadership, Innovation, Carbon Reduction.
Company overview
Tokamak Energy company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2009
- Headquarters
- Milton, United Kingdom
- Employees
- 287
- Open positions
- None listed
- Dealroom signal
- 77.7
- Investment activity
- 1 companies · latest Sep 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Tokamak Energy funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jun 2025 | $3.6M | $428M | Undisclosed | ↗ |
| GROWTH EQUITY VCOther financing | Nov 2024 | $125M | — | BW Group · Furukawa Electric · British Patient Capital · Sabanci Climate Ventures | ↗ |
| SERIES COther financing | Dec 2023 | $50M | $435M | Legal & General Capital · David Harding · Hans-Peter Wild | ↗ |
| LATE VCOther financing | Jan 2020 | $87M | $348M | Hans-Peter Wild | — |
| EARLY VCOther financing | Dec 2018 | $0 | — | Undisclosed | — |
| EARLY VCOther financing | Aug 2017 | Undisclosed | — | ||
| EARLY VCOther financing | Jan 2017 | Legal & General Capital · David Harding | — | ||
| EARLY VCOther financing | Apr 2016 | UK Innovation & Science Seed Fund | — | ||
| EARLY VCOther financing | Mar 2014 | UK Innovation & Science Seed Fund | — | ||
| SPINOUTOther financing | Oct 2009 | Culham Centre for Fusion Energy | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $1K | 0% | −$47M | -4058480.5% |
| 2025 | $1K | 0% | −$47M | -4058480.5% |
| 2024 | $1K | -98.9% | −$47M | -4058480.5% |
| 2023 | $100K | -98.6% | −$47M | -46564.6% |
| 2022 | $7.1M | 0% | −$47M | -662.3% |
| 2021 | $7.1M | -28.8% | −$33M | -465.4% |
| 2020 | $9.9M | — | −$27M | -271.9% |
Growth signals
Tokamak Energy website traffic
Latest recorded traffic for Tokamak Energy is 22K monthly website visits, up 37.5% over the last three months. Tokamak Energy's team declined 4.3% over the past year.
Comparisons
Tokamak Energy 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.
Capital deployed
Tokamak Energy investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Ridgway MachinesLeicester, United KingdomPrecision taping and winding machines for global industries
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TE MagneticsMilton, United KingdomHigh temperature superconducting (HTS) magnets business division of Tokamak Energy
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Talent graph
Tokamak Energy's talent
Source: Dealroom Talent Intelligence.
Investors
11 investors on Tokamak Energy's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Tokamak Energy has talent and traffic
team presence
In the news
Latest news about Tokamak Energy
Recent press, funding announcements, and product moves mentioning Tokamak Energy — open to read from the original sources.
Market sentiment
What the market is saying about Tokamak Energy
An AI-synthesized read of the highest-engagement posts about Tokamak Energy 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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