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General Fusion

ID: 2589789

General Fusion pursues a fast, efficient, and collaborative path to practical fusion power. We are completing an aggressive development plan to deliver economical carbon-free fusion energy with our proprietary Magnetized Target Fusion technology by the 2030s.

14

Funding Rounds

$229.5m

Money raised

Overview

General Fusion pursues a fast, efficient, and collaborative path to practical fusion power. We are completing an aggressive development plan to deliver economical carbon-free fusion energy with our proprietary Magnetized Target Fusion technology by the 2030s.

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Funding

Funding series

Funding Series Analysis

The company General Fusion has raised a total of $64.25m in funding over 14 rounds.

Key Insights:

  • General Fusion August 2024 Venture - Series Unknown Funding Round: $31m
  • General Fusion Series B round: $19.5m
  • General Fusion Series A round: $13.75m
  • General Fusion Inc. funding round, June 2010: $1m
  • General Fusion Series D round, February 2014: $6.5m
  • General Fusion Inc. funding round, December 2012: $4.62m
  • General Fusion Venture round, May 2015: $21.62m
  • General Fusion Inc. funding round, July 2009: $13.75m
  • General Fusion Inc. funding round, August 2020: $500k
  • General Fusion Series E round, December 2019: $65m
  • General Fusion Venture round, October 2018: $39.49m
  • General Fusion Grant (money), March 2016: $12.8m

Industries

General Fusion is active in the following industries: