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General Fusion

Description

Developer of nuclear fusion reactors. The company is in the process of developing a full scale prototype fusion reactor utilizing magnetized target fusion. To achieve this fusion, the reactor uses a spherical array of pistons to impact and drive a pressure wave into the center compressing the fuel within to fusion conditions.

2002

Founded

PRIVATE

Status

51-200

Employees

Grant

Latest Deal Type

$12.5M

Latest Deal Amount

$65.8M

Total Amount Raised

Description

Developer of nuclear fusion reactors. The company is in the process of developing a full scale prototype fusion reactor utilizing magnetized target fusion. To achieve this fusion, the reactor uses a spherical array of pistons to impact and drive a pressure wave into the center compressing the fuel within to fusion conditions.

Website:

www.generalfusion.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Energy Production

Primary Office

108–3680 Bonneville Place Burnaby, British Columbia V3N 4T5Canada +1 (604) 439-3003
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General Fusion Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

General Fusion Investors (16)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
BDC Healthcare Venture FundVenture CapitalMinority000 0000000 0000
BDC Industrial, Clean and Energy Technology Venture FundVenture CapitalMinority000 0000000 0000
Bezos ExpeditionsFamily OfficeMinority000 0000000 0000
Braemar Energy VenturesVenture CapitalMinority000 0000000 0000
Business Development Bank of CanadaVenture CapitalMinority000 0000000 0000
BDC Healthcare Venture Fund Venture Capital
BDC Industrial, Clean and Energy Technology Venture Fund Venture Capital
Bezos Expeditions Family Office
Braemar Energy Ventures Venture Capital
Business Development Bank of Canada Venture Capital

General Fusion Executive Team (6)

NameTitleBoard
Seat
Contact
Info
Nathan GillilandChief Executive Officer & Board Member
Susan KochChief Financial Officer
Michel Laberge Ph.DFounder & Chief Scientist
Mike DonaldsonVice President, Operations
Michael DelageVice President, Technology and Corporate Strategy
Nathan Gilliland Chief Executive Officer & Board Member
Susan Koch Chief Financial Officer
Michel Laberge Ph.D Founder & Chief Scientist
Mike Donaldson Vice President, Operations
Michael Delage Vice President, Technology and Corporate Strategy

General Fusion Board Members (12)

NameRepresentingRoleSinceContact
Info
Fred BuckmanSelfBoard Member000 0000
Geoff CatherwoodBusiness Development Bank of CanadaBoard Observer000 0000
Jacques BesnainouSelfBoard Member000 0000
Joe BlairChrysalix Energy Venture CapitalBoard Observer000 0000
Klaas de BoerEntrepreneurs FundBoard Member000 0000
Fred Buckman Board Member Self
Geoff Catherwood Board Observer Business Development Bank of Canada
Jacques Besnainou Board Member Self
Joe Blair Board Observer Chrysalix Energy Venture Capital
Klaas de Boer Board Member Entrepreneurs Fund
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