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Pacific Fusion

74 employees

Pacific Fusion was founded in 2023 with the mission to power the world with abundant, affordable, clean energy. We are rapidly designing and building a pulsed magnetic fusion system to achieve net facility gain (more fusion energy output than stored energy input). In parallel, we are developing the key components required to build affordable fusion systems. Our plans are ambitious. We have raised over $900M so far from incredible investors, resourcing us to deliver on these plans. We are bringing together the best scientists, engineers, and operators from the fusion community, hard tech industry, and other sectors. We are united by a shared sense of urgency to provide clean power for the world, particularly managing climate change while meeting growing global energy demand. You can read more about us in this letter from our founders: https://pacificfusion.com/updates/founders-letter

Investor insights

Funding rounds participated in

$900M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Renewable Energy Power Generation

Sectors

Renewable Energy Power Generation

Funding rounds raised

Total raised

$900M

from 3 investors over 1 rounds

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Pacific Fusion raised $900M on November 25, 2024

Investors: General Catalyst, Alumni Ventures and + 15 Other investors

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