General Fusion: Funding, Investors & Team (Sep 2026)
General Fusion is working on developing a magnetized target fusion technology for commercial use. The company combines expertise in plasma physics, electronics, materials, and compression methods to create conditions necessary for fusion. Their demonstration system, Lawson Machine 26 (LM26), involves injecting magnetized plasma into a liquid metal liner and compressing it using mechanical pistons to achieve high temperatures and pressures. This technology is seen as a practical step towards creating a fusion demonstration facility and eventually providing fusion-generated electricity to the grid. General Fusion's approach aims to bridge the gap between achieving demonstration goals and implementing a functional power-plant system.
General Fusion has raised $66.2M across 4 funding rounds on record, the most recent an undisclosed round of $21.6M announced in Aug 2025.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
General Fusion Company Profile and Key Stats
Latest funding round on record: Aug 2025.
General Fusion Funding Rounds
General Fusion raised $24.9M in a Series F announced in Aug 2023.
4 months later, an undisclosed round of $3.7M was announced in Dec 2023.
8 months later, an undisclosed round of $16.0M was announced in Aug 2024.
1 years later, an undisclosed round of $21.6M was announced in Aug 2025.
General Fusion Founders and Leadership Team
Contact details for the General Fusion team: 1 of 1 has an email address on file.
Start 14-day free trial →General Fusion Funding Compared to Other Energy Startups
General Fusion's latest round of $21.6M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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General Fusion Funding FAQs
What does General Fusion do?
General Fusion is working on developing a magnetized target fusion technology for commercial use. The company combines expertise in plasma physics, electronics, materials, and compression methods to create conditions necessary for fusion. Their demonstration system, Lawson Machine 26 (LM26), involves injecting magnetized plasma into a liquid metal liner and compressing it using mechanical pistons to achieve high temperatures and pressures. This technology is seen as a practical step towards creating a fusion demonstration facility and eventually providing fusion-generated electricity to the grid. General Fusion's approach aims to bridge the gap between achieving demonstration goals and implementing a functional power-plant system.
How much funding has General Fusion raised?
General Fusion has raised $66.2M across 4 rounds on record. The most recent is an undisclosed round of $21.6M announced in Aug 2025.
When did General Fusion last raise funding?
General Fusion's most recent funding round on record is an undisclosed round of $21.6M, announced in Aug 2025.
Who founded General Fusion?
FundedIQ lists Michel Laberge (Founder) at General Fusion.
Where is General Fusion headquartered?
General Fusion is based in Richmond, British Columbia, Canada.
How many employees does General Fusion have?
General Fusion is in the 101-250 employee band.
How does General Fusion's funding compare to other Energy startups?
General Fusion's latest round of $21.6M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's General Fusion Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for General Fusion is left off this page rather than filled in.
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