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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.
Email ID
*****@xcimer.energy
Key Metrics
Founded Year
2021
Location
Redwood City, United States
Stage
Series A
Total Funding
$100M in 7 rounds
Post Money Valuation
$***** as on Oct 01, 2022
Ranked
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:lockFilter this list
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
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Xcimer's founders and board of directors

Founder? Claim Profile
The founders of Xcimer is Conner Galloway. Conner Galloway is the CEO of Xcimer.
Here are the details of Xcimer's key team members:

Xcimer's employee count trend

Xcimer has 168 employees as of Sep 26. Here is Xcimer's employee count trend over the years:
Employee count trend for Xcimer
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for General Fusion
General Fusion
2002, Burnaby (Canada), Public
Magnetized nuclear fusion reactor developer
$515M
70/100
2nd
Logo for CFS
CFS
2018, Cambridge (United States), Series C
Provider of tokamak nuclear fusion reactors
$4B
68/100
3rd
Logo for TAE Technologies
TAE Technologies
1998, Lake Forest (United States), Series G
Developer of FRC nuclear fusion reactors
$1.32B
66/100
4th
Logo for Xcimer
Xcimer
2021, Redwood City (United States), Series A
Developer of laser technology for commercial inertial fusion energy systems
$100M
65/100
5th
Logo for Zap Energy
Zap Energy
2017, Everett (United States), Series D
Developer of modular nuclear systems integrating fission and fusion technologies
$330M
63/100
6th
Logo for Helion
Helion
2010, Everett (United States), Series G
Provider of deuterium fuel-based magnetic-nuclear fusion reactor
$1.44B
63/100
7th
Logo for SHINE Technologies
SHINE Technologies
2005, Janesville (United States), Series D
Producer of nuclear isotopes using fusion techniques
$654M
62/100
8th
Logo for Proxima Fusion
Proxima Fusion
2023, Munich (Germany), Series A
Developer of fusion power plants
$211M
62/100
9th
Logo for LIS Technologies
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
Logo for First Light Fusion
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

lockFilter this list
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.
•
Xcimer Energy Announces Roadmap Approval from DOEPhotonics Media•Jun 12, 2026•Xcimer
•
Xcimer Energy’s $100 Million Series A Financing RoundGlobal Legal Chronicle•Jun 17, 2024•Xcimer, Orrick, DOE
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