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GeneralFusion

Rocket Ship RatingBased on the data VC Catalog holds.

Rocket Ship Rating: 96 out of 100

Bringing Practical Fusion Energy to Market

Also known as General Fusion, General Fusion Inc.

  • Clean energy & storage
  • Climate positive
  • Deeptech
  • Hardware
Status
IPOas of 2026-09-20Source (opens in a new tab)
Business model
B2B
Headquarters
Vancouver, Canada
Customers
utilities, industrial companies, and energy developers
Legal name
General Fusion Inc.
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Record updated 8 October 2026

About

General Fusion aims to deliver economical, carbon-free fusion energy in the next decade through its uniquely practical Magnetized Target Fusion technology.

Funding snapshot

Total raised
$434MSum of rounds, as of 2026-10-08Source (opens in a new tab)
Latest round
Undisclosed, $350K2026-01-30

Funding rounds

Round, 2026
$350K2026-01-30, SEC form D sold, 1 investor
Round, 2025
$38.2M2025-11-19, SEC form D sold, 70 investors
Convertible note
$51M2025-11, Announced
Round, 2025
$22M2025-08, Announced
Round, 2023
2023-12
Series D+
$25M2023-08, Announced
Series D+
$130M2021-11, Announced
Round, 2020
$500K2020-07-08, SEC form D sold, 1 investor
Series D+
$65M2019-12, Announced
Round, 2019
$38M2019-12, Announced
Round, 2018
2018-10
Round, 2015
$2.1M2015-05-06, SEC form D sold, 4 investors
Round, 2015
$27M2015-05, Announced
Round, 2014
$2.1M2014-02-19, SEC form D sold, 2 investors
Round, 2012
$1.6M2012-12-07, SEC form D sold, 2 investors
More rounds
5 earlier rounds recorded

About the company

Status notes
General Fusion Becomes First Publicly Listed Fusion Company

Products

Hardware
LM26
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