Announced
Completed
Synopsis
BDC Capital and GIC, two investors, led a $25m Series F round in General Fusion, a developer of utility-scale fusion power using magnetized target fusion technology, with participation from Government of British Columbia. “Our updated three-year Fusion Demonstration Program puts us on the best path forward to commercialize our technology by the 2030s. We’re harnessing our team’s existing strengths right here in Canada and delivering high-value, industry-leading technical milestones in the near term," Greg Twinney, General Fusion CEO.
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