General Fusion
Fusion Machine Developer
Founding Year
2002
Location
Richmond, British Columbia, Canada
Company Founders
Michel Laberge
Leadership
Greg Twinney, CEO
Michel Laberge, Chief Scientific Officer
Michael Delage, CTO
Description
General Fusion is developing fusion energy systems based on Magnetized Target Fusion (MTF) technology. The Canadian company is in the process of building a fusion demonstration machine called Lawson Machine 26 (LM26). LM26 aims to achieve scientific breakeven.
Funding received (investment)
| Date | Amount | Funder(s) | Description |
|---|---|---|---|
| August 08, 2024 | $14,600,000 | ||
| August 09, 2023 | $25,000,000 | Series F  | |
| December 01, 2021 | $130,000,000 | ||
| January 14, 2021 | |||
| December 16, 2019 | $65,000,000 | Series E | |
| October 26, 2018 | $37,500,000 | Federal investment | |
| August 11, 2015 | $2,096,794 | ||
| May 19, 2015 | $19,400,000 | Series D | |
| May 19, 2015 | $1,796,794 | ||
| February 26, 2014 | $2,081,772 | ||
| December 21, 2012 | $1,570,740 | ||
| May 05, 2011 | $1,641,139 | ||
| May 04, 2011 | $19,500,000 | Series B | |
| June 01, 2010 | $1,000,000 | ||
| July 24, 2009 | $9,000,000 |
Funding received (nondilutive)
| Date | Amount | Funder(s) | Description |
|---|---|---|---|
| June 15, 2022 | INFUSE: Beyond Neoclassical Closures for MHD Simulation of General Fusion Devices via Kinetic Monte Carlo Calculations | ||
| June 15, 2022 | INFUSE: Tritium Fuel Cycle Modelling and Optimization to Enable Fusion Pilot Plant Development | ||
| August 14, 2020 | INFUSE: Advanced stability analysis for magnetized target fusion | ||
| March 14, 2016 | $8,700,000 | Grant |