Richmond, British Columbia, CanadaFounded 2002132+ employeesPrivate
$428.8M raisedAcquired· last: series unknown (Nov 2025)· 21 rounds
Backed by(41 investors)
PenderFund Capital Management · LeadChrysalix Venture Capital · LeadBDC Capital Corporation · LeadBDC Venture Capital · LeadCanadian Nuclear Laboratories · LeadGIC · LeadGovernment of British Columbia · LeadKhazanah Nasional · LeadStrategic Innovation Fund · LeadSustainable Development Technology Canada · LeadTemasek Holdings · LeadThistledown Foundation · Lead+9 more
3 layoff events · Last: Nov 2025
Established in 2002, General Fusion is a global leader in the race to commercialize clean fusion energy. We are pursuing a uniquely practical approach, Magnetized Target Fusion, and aim to provide zero-carbon fusion power to the grid in the early to mid-2030s. Today at our state-of-the-art labs in Richmond, BC, we’re operating a groundbreaking fusion demonstration machine called Lawson Machine 26 (LM26), designed to achieve transformational technical milestones and accelerate General Fusion’s technology to commercialization. Our path to market is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com.
