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General Fusion logo — Discover the future in fusion at generalfusion.com.

General Fusion

Discover the future in fusion at generalfusion.com.

Founded 2002 Canada Richmond, Canada 152 employees Grant Total: $404.45M ESG, Energy +1

General Information

Company Name General Fusion
Founded Year 2002
Location Canada Richmond, Canada
Founders / Decision Makers
Team member
Employees 152
Industries ESG, Energy, Renewable Energy
Funding Stage Grant
Social

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About General Fusion

General Fusion, headquartered in Vancouver, Canada, is advancing the field of fusion energy with its proprietary Magnetized Target Fusion technology. The company aims to deliver economical carbon-free fusion energy by the 2030s. General Fusion has garnered support from a global syndicate of institutional investors, venture capital firms, and technology pioneers. The company's collaboration with governments across North America and Europe demonstrates its strong international backing. With a foundation laid in 2002, General Fusion has established additional centers near London, UK, and in Oak Ridge, Tennessee, USA, co-located with renowned fusion research laboratories. Notably, the company recently secured a $5.00M grant investment from the Strategic Innovation Fund (SIF), signaling ongoing support and recognition for its innovative approach to revolutionizing the energy industry. General Fusion's commitment to creating a sustainable future through cleaner energy and comprehensive infrastructure approaches positions it as a key player in the renewable energy sector. Explore the future of fusion at generalfusion.com.

Business keywords: Fusion Energy, Clean Energy, Carbon-Free Energy, Magnetized Target Fusion, Sustainable Energy, Technology, Institutional Investors, Venture Capital, Global Collaboration, Research & Development, Environmental Innovation, Nuclear Fusion, Global Energy Solutions

Funding Rounds & Investors (15)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $5.00M 1
Strategic Innovation Fund
04 Dec 2023
Grant $5.00M 1
Government of British Columbia
Government of British Columbia
09 Aug 2023
Series F $33.50M 3
GIC BDC Capital
GIC, BDC Capital +1
09 Aug 2023
Series E $166.00M 10
GIC Temasek Holdings Sprint Vc
GIC, Temasek Holdings +8
30 Nov 2021
Venture Round Undisclosed 2
GIC
GIC, IBX
22 Jul 2020
Series E $65.00M 10
I2BF Global Ventures SET Ventures Khazanah Nasional Berhad
I2BF Global Ventures, SET Ventures +8
16 Dec 2019
Secondary Market Undisclosed 1
Pender Technology Inflection Fund
Pender Technology Inflection Fund
01 Mar 2019
Grant $49.30M 1
Strategic Innovation Fund
26 Oct 2018
Venture Round $27.00M 10
SET Ventures Braemar Energy Ventures Khazanah Nasional Berhad
SET Ventures, Braemar Energy Ventures +8
19 May 2015
Series D $6.50M 1
Chrysalix
Chrysalix
14 Feb 2014

View All 15 Funding Rounds

Latest News

View All
Fusion’s best-funded bet raised another $1bn, and hired the banker who took Moderna public — Thenextweb
Fusion’s best-funded bet raised another $1bn, and hired the banker who took Moderna public
Thenextweb Jul 31, 2026
17 fusion startups have now raised over $100M each, and the total keeps climbing — Thenextweb
17 fusion startups have now raised over $100M each, and the total keeps climbing
Thenextweb Jun 19, 2026

General Fusion Alternatives & Competitors

View All Alternatives
General Fusion vs
Heliosand
Heliosand France

Build the future

8 employees
Energy, Manufacturing
General Fusion vs
TRANSMUTEX
TRANSMUTEX Switzerland

Reinventing Nuclear

Series A
53 employees
Energy, Renewable Energy
General Fusion vs
Oklo Inc
Oklo Inc United States

Emission free, always on.

Venture round
143 employees
Energy, Manufacturing
Also compare with: General Fusion vs Commonwealth Fusion Systems Commonwealth Fusion Systems View all alternatives

FAQ About General Fusion

Discover the future in fusion at generalfusion.com.
General Fusion was founded in 2002.
General Fusion is headquartered in Richmond, Canada.
General Fusion operates in ESG, Energy and Renewable Energy. Its work centres on Fusion Energy, Clean Energy, Carbon-Free Energy and Magnetized Target Fusion.
General Fusion has approximately 152 employees.
General Fusion has completed 15 funding rounds, raising a total of $404.45M. The latest funding stage is Grant.
Top alternatives and competitors to General Fusion include Heliosand, TRANSMUTEX, Oklo Inc, X-energy, Helion. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
General Fusion and Heliosand are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for General Fusion, https://bouncewatch.com/company/general-fusion, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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