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General Fusion

General Fusion

General Fusion pursues a fast, efficient, and collaborative path to practical fusion power. We are completing an aggressive development plan to deliver economical carbon-free fusion energy with our proprietary Magnetized Target Fusion technology by the 2030s.

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Contents

CompanyTechnologyFundingCollaboratorsTimelineTable: Funding RoundsTable: ProductsTable: AcquisitionsTable: SBIR/STTR AwardsTable: PatentsTable: Further ResourcesReferences
generalfusion.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
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Clean technology
Clean technology
‌
Energy
Technology
Technology
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Location
Richmond, British Columbia
Richmond, British Columbia
B2X
B2B
B2B
CEO
‌
Greg Twinney
Founder
Michel Laberge
Michel Laberge
AngelList URL
angel.co/general-fusion
Legal Name
General Fusion Inc.
Date Incorporated
2002
Number of Employees (Ranges)
51 – 200
Email Address
info@generalfusion.com
Phone Number
+16044393003
Full Address
106 - 3680 Bonneville Pl, Burnaby, BC V3N 4T5
Investors
‌
Thistledown Capital
DLF (company)
DLF (company)
Gimv
Gimv
I2BF Global Ventures
I2BF Global Ventures
‌
Disruptive Technology Advisers
‌
Federal Government
‌
Chrysalix EVC
Presight Capital
Presight Capital
7
...
Founded Date
2002
Total Funding Amount (USD)
229,525,975
198,525,975
Latest Funding Round Date
January 2021
August 8, 2024
Competitors
ElectrIQ Power
ElectrIQ Power
Helion Energy
Helion Energy
TAE Technologies, Inc.
TAE Technologies, Inc.
Commonwealth Fusion Systems
Commonwealth Fusion Systems
CTO
Michael Delage
Michael Delage
Latest Funding Type
Series E
Series E
Patents Assigned (Count)
16
Country
Canada
Canada

Other attributes

Funding Round Investor
Temasek Holdings
Temasek Holdings
Latest Funding Round Amount (USD)
31,000,000

General Fusion is a company developing the first commercially-viable fusion power plant using magnetized target fusion technology.

Company

General Fusion is located in Burnaby Canada and was established in 2002 by the companies Chief Scientist Michel Laberge. It's magnetized target fusion team consists of over 70 research and development professionals. The team includes Ph.D. scientists from leading fusion research institutions including L’École Polytechnique in France, the Culham Centre for Fusion Technology in the UK, the Joint Institute for High Temperatures at the Russian Academy of Sciences, and Kyushu University in Japan

Technology

General Fusion is aiming to combine it's magnetized target fusion technology with modern electronics, materials, and advances in plasma physics to develop a more practical path to fusion power compared to traditional tokamak approaches.

It uses a sphere filled with molten lead-lithium that is pumped to form a vortex. Then a pulse of magnetically-confined plasma fuel is injected into the vortex. An array of pistons around the sphere creates a pressure wave into the center of the sphere, compressing the plasma to fusion conditions. This process is then repeated, while the heat from the reaction is captured in the liquid metal and used to generate electricity via a steam turbine.

This approach does not require the lasers or giant magnets found in other fusion approaches. Also, the liquid metal wall absorbs energy from the fusion reaction which can then be pumped to heat exchangers. The liquid metal also protects the solid outer wall from damage and can be combined with liquid lithium to breed tritium within the power plant.

Funding

General Fusion investors include energy venture capital funds and the Canadian Federal Government. Its latest investment was a $65 million funding round, led by the Singapore-based investment firm, Temasek. The company will use the funds to start building a demonstration power plant, testing its fusion technology on a commercially-relevant scale.

Collaborators

General Fusion collaborates with leading research institutions around the world including:

  • McGill University
  • Microsoft
  • Princeton Plasma Physics Laboratory
  • Hatch
  • Queen Mary University of London

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

General Fusion at COP26

https://www.youtube.com/watch?v=Xn8gjAgMG28

Web

November 11, 2021

General Fusion building a global market for fusion energy with industry leaders

General Fusion

https://www.globenewswire.com/news-release/2022/04/04/2415660/0/en/General-Fusion-building-a-global-market-for-fusion-energy-with-industry-leaders.html

Web

April 4, 2022

General Fusion opens new headquarters near YVR

https://www.youtube.com/watch?v=CXELg_K1JTg

Web

October 20, 2021

Rethink Fusion: An introduction to General Fusion

https://www.youtube.com/watch?v=n8qgAgyqdBM

July 29th, 2014

References

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