General Fusion

Canada
Port Elgin, Ontario, Canada, V7B 1B4

Company profile

General Fusion company profile

General Fusion pursues a commercially oriented path toward fusion energy by developing a magnetized target fusion (MTF) technology. The company applies advances in plasma physics, modern electronics, materials, and compression mechanisms to generate fusion-relevant conditions. It operates a demonstration system, Lawson Machine 26 (LM26), that injects magnetized plasma into a liquid metal liner and compresses it using coordinated mechanical pistons to reach high temperatures and pressures. The technology serves as a practical stepping stone toward building a fusion demonstration facility and ultimately delivering fusion-derived electricity to the grid. The approach focuses on closing the gap between demonstration milestones and a deployable power-plant system.

Business identity

Contact email
[email protected]
Phone number
1(604) 439-3003
Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$0+
Founded
2002-01-01, Year

Headquarters

Postal code
V7B 1B4
Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
21
Total equity funding
$357.1M
Last funding
Series Unknown / $36.7M / 2025-11-27
Last equity funding
Series Unknown / $36.7M
Investors
41
Lead investors
12
Founders
1
Articles
221
Exited on
2026-01-22

Founders and investors

Founders

Michel Laberge

Lead investors

BDC Capital CorporationBDC Venture CapitalCanadian Nuclear LaboratoriesChrysalix Venture CapitalGICGovernment of British ColumbiaKhazanah NasionalPenderFund Capital ManagementStrategic Innovation FundSustainable Development Technology Canada

Investors

Business Development Bank of CanadaGaingelsKhazanah NasionalSET VenturesTemasek Holdings