Startups

Fusion power may not be sci-fi. Just ask the people who sunk $5B into it.

Watch as Rachel Slaybaugh, general partner at DCVC joins Equity to dig into why serious investors are finally treating fusion as a real asset class.

April 22, 2026 · Theresa Loconsolo

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Fusion energy has been “20 years away” for decades, but has the science finally caught up? Private investment in fusion companies surged from $10 billion to $15 billion in just months, and the money is coming from places you wouldn’t expect.

Watch as Rebecca Bellan and guest host Tim De Chant sit down with Rachel Slaybaugh, general partner at DCVC on this episode of ’s Equity podcast. The trio breaks down why serious investors are finally treating fusion as a real asset class, and what the return thesis actually looks like when no one expects a power plant in their fund lifetime.

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