Xcimer - About the company
Xcimer is a series A company based in Redwood City (United States), founded in 2021 by Conner Galloway. It operates as a Developer of laser technology for commercial inertial fusion energy systems. Xcimer has raised $100M in funding from Wireframe Ventures and Hedosophia, with a current valuation of $*****. The company has 53 active competitors, including 26 funded and 1 that has exited. Its top competitors include companies like General Fusion, CFS and TAE Technologies.
Company Details
Developer of laser technology for commercial inertial fusion energy systems. It focuses on building high-energy laser systems to enable inertial fusion energy. The goal is to couple plasma physics and fusion confinement concepts with a lower-cost, higher-energy laser system that can scale to commercial application. It aims to deliver the future of electricity by combining proven science with breakthrough laser technology.
- Website
- xcimer.energy
- Email ID
- *****@xcimer.energy
Key Metrics
Founded Year
2021
Location
Redwood City, United States
Stage
Series A
Total Funding
$100M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 01, 2022
Investors
Ranked
4th among 53 active competitors
Employee Count
168 as on Sep 30, 2026
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Xcimer's funding and investors
Xcimer has raised a total funding of $100M over 7 rounds. Its first funding round was on Oct 2022. Its latest funding round was a Grant (prize money) round on Oct 07, 2026 for $*****. 1 investor participated in its latest round. Xcimer has 12 institutional investors.
Here is the list of recent funding rounds of Xcimer:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 07, 2026 | 4490902 | Grant (prize money) | 8761955 | 3724850 | 2128015 | 5770601 |
Sep 14, 2026 | 1452310 | Series A | 9411910 | 6898714 | 1633104 | |
Jun 04, 2024 | 5479400 | Series A | 2473489 | 7172258 |
View details of Xcimer's funding rounds and investors
Xcimer's founders and board of directors
Founder? Claim ProfileThe founders of Xcimer is Conner Galloway. Conner Galloway is the CEO of Xcimer.
Here are the details of Xcimer's key team members:
- Conner Galloway: Co-Founder & CEO of Xcimer and founder of 1 other company. Contact Info: 2 email addresses
View details of Xcimer's Founder profiles and Board Members
Xcimer's employee count trend
Xcimer has 168 employees as of Sep 26. Here is Xcimer's employee count trend over the years:
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Xcimer's Competitors and alternates
Top competitors of Xcimer include General Fusion, CFS and TAE Technologies. Here is the list of Top 10 competitors of Xcimer, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | General Fusion 2002, Burnaby (Canada), Public | Magnetized nuclear fusion reactor developer | $515M | 70/100 | |
2nd | CFS 2018, Cambridge (United States), Series C | Provider of tokamak nuclear fusion reactors | $4B | 68/100 | |
3rd | TAE Technologies 1998, Lake Forest (United States), Series G | Developer of FRC nuclear fusion reactors | $1.32B | 66/100 | |
4th | Xcimer 2021, Redwood City (United States), Series A | Developer of laser technology for commercial inertial fusion energy systems | $100M | 65/100 | |
5th | Zap Energy 2017, Everett (United States), Series D | Developer of modular nuclear systems integrating fission and fusion technologies | $330M | 63/100 | |
6th | Helion 2010, Everett (United States), Series G | Provider of deuterium fuel-based magnetic-nuclear fusion reactor | $1.44B | 63/100 | |
7th | SHINE Technologies 2005, Janesville (United States), Series D | Producer of nuclear isotopes using fusion techniques | $654M | 62/100 | |
8th | Proxima Fusion 2023, Munich (Germany), Series A | Developer of fusion power plants | $211M | 62/100 | |
9th | LIS Technologies 2023, New York City (United States), Series A | Provider of laser isotope separation technologies optimized for uranium (HALEU) power generation | $71.6M | 62/100 | |
10th | First Light Fusion 2011, Oxford (United Kingdom), Series C | Pulse-powered nuclear fusion process developer | $139M | 59/100 |
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Xcimer's Investments and acquisitions
Xcimer has made no investments or acquisitions yet.
Reports related to Xcimer
Here is the latest report on Xcimer's sector:
News related to Xcimer
Media has covered Xcimer for a total of 8 events in the last 1 year, 4 of them have been about company updates and 3 about people movement.
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Xcimer Energy Receives Additional $30.5 Million Award from DOE Milestone ProgramBusiness Wire•Oct 06, 2026•Xcimer
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RTX Partners With and Invests in Xcimer Energy to Develop Advanced Directed Energy TechnologyBusiness Wire•Sep 10, 2026•Xcimer, RTX
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Xcimer Energy Announces the Start of Operations for Phoenix, a Prototype System for Industrial-Scale Laser Fusion ArchitectureBusiness Wire•Jun 03, 2026•Xcimer
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Xcimer Energy Expands Denver Footprint and Prepares to Double Its WorkforceXcimer•May 13, 2026•Xcimer
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Xcimer Energy Builds Leadership Team for Industrial Fusion and National Security ApplicationsBusiness Wire•May 12, 2026•Xcimer
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Xcimer Energy Completes Crucial Experimental Shots at University of Rochester’s Laboratory for Laser EnergeticsBusiness Wire•Mar 18, 2026•Xcimer
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Xcimer Energy Delivers Technical Update to U.S. Energy Sec. Chris Wright and U.S. Rep. Gabe Evans in Denver Laser BayBusiness Wire•Dec 23, 2025•Xcimer
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Xcimer Hires Tech Industry Pioneer and Forms Science and Technology Advisory Board as Inertial Fusion Company Accelerates GrowthBusiness Wire•Jun 05, 2025•Xcimer
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Xcimer Energy’s $100 Million Series A Financing RoundGlobal Legal Chronicle•Jun 17, 2024•Xcimer, Orrick, DOE
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