Tech Company Financing Transactions
General Fusion Funding Round
On 12/17/2019, General Fusion secured $65 million in Series E funding from Temasek Holdings and private investors.
Transaction Overview
Company Name
Announced On
12/17/2019
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Series E
Investors
Temasek Holdings (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
3680 Bonneville Pl. 106
Burnaby BC, V3N 4T5
Canada
Burnaby BC, V3N 4T5
Canada
Phone
Website
Email Address
Overview
Dr. Michel Laberge founded General Fusion with a singular focus to develop economically viable fusion energy. His key insight was realizing that Magnetized Target Fusion, with the aid of modern electronics, materials, and advances in plasma physics, could provide a more practical path to fusion power.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. All VC database entries reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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