Key facts
- General Fusion’s last known valuation is $395.0M (Dec 2025).
- It has raised $612.0M across 5 recorded rounds; the latest was Early Stage VC ($38.2M) in Nov 2025.
- Notable investors include Climate Capital, Gaingels, Calm Ventures, BDC Capital, GIC Private — 51 tracked in total.
- General Fusion has filed 10 Form Ds with the SEC since 2009, most recently Feb 2026 ($350K sold to 1 investors).
- Status: Privately Held (backing).
- ·Post-money valuations for all 5 rounds
- ·The complete investor list — 51 names
- ·Watchlist + deal alerts for General Fusion
Funding rounds
5 roundsAbout General Fusion
Developer of an alternative power generation system designed to transform energy supply with clean, safe, and abundant fusion energy. The company's systems are commercially viable fusion power plants used to accelerate the development of its magnetized target fusion system, enabling research institutions to use shockwave physics, pulsed power engineering, and materials technology, reducing technical risk and fast-tracking their approach to fusion energy.
- Sector
- Energy
- HQ
- Richmond, Canada
- Founded
- 2002
- Employees
- 134
- Website
- generalfusion.com/
- Ownership
- Privately Held (backing)
General Fusion doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in General Fusion shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on General Fusion in its N-PORT filings yet. We sweep new filings monthly.