Diligence memo · auto-generated · as of July 2, 2026
Fusion Energy Solutions, Inc.
Fusion Energy Solutions, Inc. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Fusion Energy Solutions, Inc. operates in Energy / Climate, based in TEMPE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Fusion Energy Solutions, Inc. has raised $25M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2022-05-06.
Most recent recorded round closed around 2025-07-09.
Valuation (modeled)modeled
Provath models Fusion Energy Solutions, Inc. at approximately $6.2M (range $2.6M–$11M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.43× the median modeled value of Series A Energy / Climate companies in 2025–2027 (13 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 12 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round stepped up 15.6× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 86% of Energy / Climate peers (235 compared).
Modeled value ranks above 38% of those peers.
Closest niche peers: Altus Thermal, Inc., Vertical Horizons Power Innovations Inc., Thor Directed Energy, Inc., Sizable Energy Inc, Peregrine Hydrogen Inc..
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.