OpenStar
OpenStar Technologies
Wellington, New Zealand · Founded 2021 · $16.2M raised
- Headquarters
- Wellington
- Founded
- 2021
- Business Model
- B2B
- Website
- openstar.tech
- Total Funding
- $16.2M
- Last Round
- $10.0M Series AFeb 2025
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
OpenStar is reviving the levitated dipole concept to push fusion technology forward. Its team achieved first plasma in two years on a tight budget and is working toward commercial fusion. Product development and strategic partnerships are led alongside specialists whose cited expertise includes plasma physics, superconducting systems, and electric machines.
Summary
OpenStar is a Climate Tech company based in Wellington, New Zealand, founded in 2021. It has raised $16.2M in total across 2 rounds, most recently a $10.0M Series A round in Feb 2025. Investors include Outset Capital, Breakthrough Energy Ventures and Andrew Forrest.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Feb 2025
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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