General Fusion
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Overview
General Fusion develops utility-scale fusion power using a new, patent-pending concept based on recent developments in Magnetized Target Fusion (MTF). MTF has been relatively unexplored by the fusion community since the 1970s, but if proven it would provide a practical near-term path to fusion energy. It is the goal of General Fusion to demonstrate and commercialize this new clean, safe, and economical concept by the end of the decade.
General Fusion is supported by a global syndicate of energy venture capital funds, industry leaders, & technology pioneers.
About
Industries
Energy, Environmental Engineering, Renewable Energy
Founded
2002
Employees
101-250
Headquarters locations
North America
Social
N/A
Profile Resume
General Fusion headquartered in North America, operates in the Energy, Environmental Engineering, Renewable Energy sector. The company focuses on Energy and has secured $84.1B in funding across 228 round(s). With a team of 101-250 employees, General Fusion is actively contributing to advancements in Energy. Their latest funding round, Series B - General Fusion, raised $19.5M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
19
Investors
7
Lead Investors
0
Total Funding Amount
$369.0M
Details
9
General Fusion has raised a total of $369.0M in funding over 9 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2014 | Late Stage Venture | 6.5M | ||
| 2013 | Late Stage Venture | |||
| 2009 | Early Stage Venture | 13.8M | ||
| 2011 | Early Stage Venture | 19.5M |
Investors
General Fusion is funded by 71 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| WUTIF | - | FUNDING ROUND - WUTIF | 1.0M |
| Sustainable Development Technology Canada | - | FUNDING ROUND - Sustainable Development Technology Canada | 22.1M |
| General Fusion | - | FUNDING ROUND - General Fusion | 22.1M |
| SET Ventures | - | FUNDING ROUND - SET Ventures | 22.1M |
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