BDC Capital and Canadian Nuclear Laboratories led a $22.5m round in General Fusion.

BDC Capital, a venture capital firm, and Canadian Nuclear Laboratories, a company specializing in nuclear science and technology, led a $22.5m round in General Fusion, a developer of economical, carbon-free fusion energy, with participation from Hatch. “CNL and General Fusion share the same vision – to unlock fusion’s tremendous potential as a transformative, clean energy future in Canada in order to fight climate change and maintain our energy security. We are proud to invest in such an innovative Canadian company, applying our unique capabilities and expertise within Canada’s national nuclear laboratory to help bring their technology to life, and secure these environmental and economic benefits to Canada,” Jack Craig, CNL President and CEO.