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General Fusion
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Developer of private fusion energy systems, specializing in magnetized target fusion

Founded in 2002
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Company type Private Public ()
Company type

Industry Group energy & power

Sector nuclear fusion

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Burnaby, BC Burnaby, Canada
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Updated by Nathan Gilliland at General Fusion, Inc. on 07/21/2015

Edited by Cleantech Group on 08/11/2024

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Date Company
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Date Partner Type
01/09/2020
Hatch Hatch
The partnership will bring power plant engineering and other expertise to its Fusion Demonstration Plant project. This partnership includes an investment by Hatch into the recently announced General Fusion USD $65 million Series E financing round.
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Confirmed by Hatch
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IPO INFORMATION

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Date Investors Type Amount
08/08/2024 Canadian Nuclear Laboratories Canadian Nuclear Laboratories , BDC Capital BDC Capital (2)
Post-money valuation of
Series F round constitutes Canadian Nuclear Laboratories and BDC Capital contributing almost $7.3M each. Funding will be used to support Lawson Machine 26 which will utilize General Fusion's plasma injector that will compress plasmas at large scale.
Growth Equity $15,000,000
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Fusion energy power plant

Economic and commercial fusion energy system.

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