Last deal

$14.7M
Local Amount - CAD 20M

Amount

Venture - Series Unknown

Stage

08.08.2024

Date

19

all rounds

$361.3M

Total amount

General

About Company
General Fusion develops utility-scale fusion power using a new, patent-pending concept based on Magnetized Target Fusion.

Industry

Sector :

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founded date

01.01.2002

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's goal is to demonstrate and commercialize a clean, safe, and economical fusion energy concept by the end of the decade. They have developed a commercially-viable fusion power plant that uses shockwave physics, pulsed power engineering, and materials technology to reduce technical risk and fast-track their approach to fusion energy. General Fusion collaborates with a global network of partners and is supported by a global syndicate of leading investors, venture capital firms, and technology pioneers, as well as governments across North America and Europe.
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