SHINE Technologies

SHINE Technologies is a climate tech company in Janesville, United States, founded in 2010. It has raised $573.1M across 6 rounds, most recently a $240.0M Series E in February 2026.

For a Safer, Healthier, Cleaner World

Headquarters
Janesville
Employees
201–500
Founded
2010
Business Model
B2B
Total Funding
$573.1M
Last Round
$240.0M Series EFeb 2026
Rounds
6

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 6 funding rounds and 3 investors for this company. The full record is or through the API.

About

SHINE Technologies commercializes fusion technology in phases — industrial inspection and radiation-effects testing, medical isotope production, nuclear waste recycling, and eventually fusion power — selling neutron-based products and services rather than relying solely on long-horizon energy revenue. Founded in 2010 by CEO Greg Piefer and headquartered in Janesville, Wisconsin, the company produces non-carrier-added lutetium-177, marketed as Ilumira, for targeted radiopharmaceutical cancer therapies (first commercial sales in 2020, with supply agreements including ImaginAb) and is building capacity for molybdenum-99. SHINE has raised more than $1 billion to date, including a $240 million equity round, and holds a conditional $263 million US Department of Energy loan commitment for Chrysalis, its planned medical isotope production facility; headcount is roughly 370.

Summary

It lists 201–500 employees. It has raised $573.1M in total across 6 rounds, most recently a $240.0M Series E round in Feb 2026. Investors include NantWorks, U.S. Department of Energy Loan Programs Office and Alumni Ventures.

Tech & App Stack

6 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Data from Indexed.vcUpdated
Series ESeries EFeb 2026
$240.0M

Sign up to see all 6 events

Funding: Series E. Amounts, valuations, and investors where available.

Investors

Similar Companies

Sempra Infrastructure Partners

Sempra Infrastructure develops, builds, operates, and invests in infrastructure serving customers...

San Diego, United States1001–5000Climate Tech
Corporate RoundTotal funding$12.1BSep 2025
Crusoe

AI infrastructure company building renewable-powered data centers and cloud compute optimized for...

Denver, United States201–500Artificial Intelligence, Clean Energy
Series FTotal funding$9.4BSep 2026
CruiseClosed

Self-driving cars.

San Francisco, United States1001–5000Artificial Intelligence, Autonomous Vehicles
Growth EquityTotal funding$6.9BJan 2021
Stegra

Green steel company using hydrogen and renewable electricity to decarbonize steel production. For...

Stockholm, Sweden201–500Clean Tech, Climate Tech
Venture RoundTotal funding$4.6BJun 2026
Energie Baden-WürttembergIPO

EnBW Energie Baden-Württemberg AG is one of Germany's largest integrated energy companies, develo...

Karlsruhe, Germany10001+Climate Tech
Corporate RoundTotal funding$4.6BJul 2025
Generate Capital

Generate is a North American energy platform delivering reliable, affordable, lower-carbon power ...

San Francisco, United States201–500Climate Tech
Growth EquityTotal funding$4.5BJan 2024

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

SHINE Technologies on Indexed.vc
<a href="https://indexed.vc/companies/shine-technologies"><img src="https://indexed.vc/api/badge/company/shine-technologies" alt="SHINE Technologies on Indexed.vc" width="260" height="76" /></a>