General Fusion

189 employees

General Fusion develops utility-scale fusion power using magnetized target fusion technology.

Basic info

Industry

renewable energy semiconductor manufacturing

Sectors

Environmental Engineering

Renewable Energy

engineering

fusion energy

plasma physics

Energy

Date founded

2002

Funding rounds raised

Total raised

$130M

from 26 investors over 26 rounds

General Fusion raised $25M on August 9, 2023

Investors: GIC

General Fusion raised $130M on November 30, 2021

Investors: Temasek, JIMCO (Jameel Investment Management Co.), Helium-3 Ventures, GIC and Segra Capital Management, LLC

General Fusion raised undisclosed on July 22, 2020

Investors: GIC and IBX.

General Fusion raised $65M on December 16, 2019

Investors: Khazanah Nasional Berhad, Disruptive Technology Advisers (DTA), Gimv, Temasek, SET Ventures, Chrysalix EVC, I2BF Global Ventures, Presight Capital and Entrepreneurs Fund

General Fusion raised $13M on March 4, 2016

Investors: Sustainable Development Technology Canada - Technologies du développement durable Canada

General Fusion raised $22M on May 19, 2015

Investors: Sustainable Development Technology Canada - Technologies du développement durable Canada, Cenovus Energy, SET Ventures, Braemar Energy Ventures, Entrepreneurs Fund, Chrysalix EVC, Khazanah Nasional Berhad and Bezos Expeditions