General Fusion
Funding Information
Date | Amount | Type | Funders | Description |
---|---|---|---|---|
January 14, 2021 | Investment Round | |||
September 03, 2020 | In Kind Grant | INFUSE | ||
December 16, 2019 | $65,000,000 | Investment Round | Series E | |
October 26, 2018 | $37,500,000 | Investment Round | Federal investment | |
March 14, 2016 | $8,700,000 | Grant | Grant | |
August 11, 2015 | $2,096,794 | Investment Round | ||
May 19, 2015 | $19,400,000 | Investment Round | Series D | |
May 19, 2015 | $1,796,794 | Investment Round | ||
February 26, 2014 | $2,081,772 | Investment Round | ||
December 21, 2012 | $1,570,740 | Investment Round | ||
May 05, 2011 | $1,641,139 | Investment Round | ||
May 04, 2011 | $19,500,000 | Investment Round | Series B | |
June 01, 2010 | $1,000,000 | Investment Round | ||
July 24, 2009 | $9,000,000 | Investment Round | ||
Total: | $169,287,239 |
Description
General Fusion was founded by Dr. Michael Laberge in 2002 in Burbank, Canada.
They are developing a MTF (magnetized target fusion) power plant based around the concept of a spherical liquid metal piston compression approach.
They've raised money from venture capital firms, sovereign wealth funds and government grants.
General Fusion's strategy is to develop the individual components of a MTF power plant before putting them together into an integrated system. Their work includes plasma injector experiments to study the planned target plasma, liquid piston experiments to study the dynamics of liquid metal, and plasma compression tests utilizing single shot implosions experiments.
Projects
Patents
Key Individuals
Michel Laberge, Chief Scientist
Christofer M. Mowry, CEO
Michael Delage, CTO
Greg Twinney, CFO
Formation Date
2002
Location
Burnaby British Columbia Canada