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 41 active competitors, including 26 that are funded. Its top competitors include companies like CFS, Proxima Fusion and General Fusion.
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 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 01, 2022
Investors
Ranked
5th among 41 active competitors
Employee Count
119 as on Mar 31, 2026
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Xcimer's funding and investors
Xcimer has raised a total funding of $100M over 4 rounds. Its first funding round was on Oct 2022. Its latest funding round was a Series A round on Jun 04, 2024 for $*****. 7 investors participated in its latest round. Xcimer has 10 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 |
|---|---|---|---|---|---|---|
Jun 04, 2024 | 5252952 | Series A | 8022650 | 7650315 | 9833527 | 9007739 |
2023 | 7545 | Grant (prize money) | 3182 | 1792 | 5567 | |
Nov 01, 2022 | 9537530 | Seed | 9487435 | 3372215 | 5580496 | 3730197 |
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 119 employees as of Mar 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 CFS, Proxima Fusion and General Fusion. 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 | CFS 2018, Cambridge (United States), Series B | Provider of tokamak nuclear fusion reactors | $2.93B | 66/100 | |
2nd | Proxima Fusion 2023, Munich (Germany), Series A | Developer of fusion power plants | $211M | 66/100 | |
3rd | General Fusion 2002, Burnaby (Canada), Series F | Magnetized nuclear fusion reactor developer | $515M | 65/100 | |
4th | TAE Technologies 1998, Lake Forest (United States), Series G | Developer of FRC nuclear fusion reactors | $1.32B | 65/100 | |
5th | Xcimer 2021, Redwood City (United States), Series A | Developer of laser technology for commercial inertial fusion energy systems | $100M | 63/100 | |
6th | 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 | |
7th | SHINE Technologies 2005, Janesville (United States), Series D | Producer of nuclear isotopes using fusion techniques | $654M | 60/100 | |
8th | Helion 2010, Everett (United States), Series F | Provider of deuterium fuel-based magnetic-nuclear fusion reactor | $977M | 59/100 | |
9th | Zap Energy 2017, Everett (United States), Series D | Developer of nuclear energy projects | $330M | 59/100 | |
10th | Kyoto Fusioneering 2019, Uji (Japan), Series C | Provider of nuclear fusion reactor technology based on low-energy nuclear reaction technology | $120M | 59/100 |
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Xcimer's Investments and acquisitions
Xcimer has made no investments or acquisitions yet.
News related to Xcimer
Media has covered Xcimer for a total of 3 events in the last 1 year, 2 of them have been about people movement and 1 about company updates.
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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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Xcimer Energy’s rakes in $100 million for commercial inertial fusionImpactAlpha•Jun 05, 2024•Xcimer, Hedosophia, Breakthrough Energy, Lowercarbon Capital and 4 others
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Xcimer Energy: Inertial Fusion Company Raises $100 MillionPulse 2.0•Jun 04, 2024•Xcimer, Hedosophia, Breakthrough Energy, Lowercarbon Capital and 4 others
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