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Thea Energy
HotNo broker found
$100M Series B, planning to double workforce, searching for 2nd NJ facility (geography caveat: HQ is Kearny not Princeton)
Company Info
- Industry
- Fusion Energy / Deep Tech
- Location
- Kearny, NJ (HQ) + Princeton, NJ (satellite)
- Employees
- 106+100.0%
Office Situation
- Address
- 1 Eastern Road, Suite 3-04, Kearny, NJ 07032 (HQ); 92 Nassau St, 4th Floor, Princeton, NJ 08542 (satellite)
- Current Space
- 15,000 (Kearny HQ)
- Lease Expiry
- Not found
Funding
- Total Raised
- $130M+
- Last Round
- $100M Series B
- Round Date
- May 1, 2026
Decision Makers
Co-Founder & CEO
New York, NY
Lehigh (BS Finance + Electrical Engineering). Previously VP Strategy at General Fusion.
Robin Brown3rd
Director of Finance
Oakland, CA
Stanford BS/MS. Previously at Dealpath (real estate tech) — speaks the CRE language.
Qualification
Princeton Plasma Physics Lab spinout with $100M fresh capital. Plans to double workforce (106→200+). Actively hiring Director of Site Development for facility expansion. 25 active job postings. Caveat: HQ is Kearny (1 hour from Princeton) — 2nd facility location TBD.
Broker Intel
No broker found
No tenant rep found. Kearny HQ is custom-built within Hugo Neu campus. Actively searching for 2nd NJ facility.
Warm Intro Paths
- 🎓Princeton University/PPPL origin — Thea spun out of Princeton Plasma Physics LabLinkedIn ↗
- 🔗Robin Brown has real estate background (Dealpath) — speaks CRE languageLinkedIn ↗
- 📅Princeton Mercer Chamber Real Estate Networking (Jul 16, 2026)Chamber ↗
- 🔗Director - Site Development job posted — actively searching for new facility sitesLever ↗
Sources
| Claim | Source |
|---|---|
| $100M Series B oversubscribed (May 2026), led by USIT, GICP, Linse Capital | Press release ↗ |
| Plans to double workforce | ROI-NJ ↗ |
| 25 active job postings | Lever jobs page ↗ |
| Princeton office at 92 Nassau St | Contact page ↗ |
| Kearny HQ confirmed | TechCrunch ↗ |
Events & Touchpoints
- Princeton Mercer Chamber RE NetworkingJul 16, 2026Princeton areaReal estate networking — directly relevant to Thea's facility search
Draft Outreach Message
Hi Brian — Huge congrats on the $100M Series B! I saw Thea is planning to double the team and add a second NJ facility. I work with Adam Englander at CBRE — we specialize in helping high-growth deep tech companies find the right space in Central NJ (lab, manufacturing, and office). Given your Princeton roots and the facility expansion ahead, we'd love to be a resource. Happy to share market intel on available options along the Route 1 corridor or elsewhere in the state. Worth a quick chat? — Carly