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Xcimer Energy — image published by the organisation
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Xcimer Energy

🇺🇸 Denver, US · Founded 2021 · Active

Xcimer Energy is a US inertial fusion company based in Denver, Colorado. It is developing laser-driven fusion using excimer lasers, gas lasers energised by electron beams, which it says offer a low-cost route to the very high laser energies fusion needs. Its first high-energy laser system, Phoenix, broke ground in 2024 and is now running; the company describes it as the first electron-beam-pumped excimer laser built in the private sector. In February 2026 it published a white paper with the laser maker TRUMPF. It says it has nearly 200 staff and expects a 400 MW power plant, Athena, to operate by 2035.

Sector
Fusion
Technology
Laser ICF, direct drive
Fuel
Deuterium–tritium
Role
Fusion developer

Its recorded equity, $100m, is the 20th largest of the 25 organisations with a priced round here. Not every round is on record, so this is not its total raised.

It also holds one award or agreement with no cash figure, which is not added to any total.

Terms

Laser ICF, direct drive
Laser beams strike the fuel capsule directly. More efficient than indirect drive in principle, but far more sensitive to how evenly the beams are applied.
Deuterium–tritium
Lowest ignition threshold; 80% of energy in 14.1 MeV neutrons. The reference fuel for every near-term net-gain claim.

Funding

$100m
equity in the 1 round recorded here
1
commitment with no cash figure
  1. 2024-06
    Equity round · Series A
    Series A of $100 million announced 4 June 2024, led by Hedosophia (no organisation record yet).
    $100m
  2. 2023-05
    Milestone-based award
    DOE Milestone-Based Fusion Development Program
    Unpriced

Related companies

Sources