Tech Company Financing Transactions
General Fusion Funding Round
On 8/9/2023, General Fusion landed $25 million in Series F funding from BDC Capital, GIC and Strategic Innovation Fund.
Transaction Overview
Company Name
Announced On
8/9/2023
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series F
Proceeds Purpose
The energy company confirmed this week it was delaying its timeline for building a demonstration plant in the United Kingdom so it could focus on a machine it was developing at its headquarters in Richmond, British Columbia.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Christofer Mowry
Chief Scientific Officer
Michel Laberge
Chief Technical Officer
Michael Delage
VP - Bus. Development
Matthew Miles
VP - Engineering
Michael Donaldson
VP - Regulatory Affairs
Jean Béland
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