General Fusion has raised $51.5 million CAD in a funding round led by 67 undisclosed investors, sparking speculation about a potential public offering to advance fusion power.
Amount Raised
C$51.5 Million
Round Type
Convertible Note
RichmondOtherInformation TechnologyEnergyGovernment And MilitaryInvestors
Description
General Fusion secured another $51.5 million CAD in funding, with nearly $51.1 million raised via simple agreements for future equity (SAFEs). The funding marks the firm's second capital infusion in four months after a cash crunch earlier this year. PenderFund invested $5 million via SAFE, anticipating a public offering. This round reflects growing interest in the nuclear space.
Quick answer
General Fusion Group Ltd raised C$51.5 Million in a Convertible Note round, dated November 27, 2025. Investors: PenderFund. General Fusion Group Ltd is based in Richmond, British Columbia, Canada.
- How much did General Fusion Group Ltd raise?
- General Fusion Group Ltd raised C$51.5 Million in a Convertible Note round on November 27, 2025.
- Who invested in General Fusion Group Ltd?
- PenderFund is named as investors in this round.
- What does General Fusion Group Ltd do?
- General Fusion is a leader in fusion energy technology, recognized for its innovative approach to developing fusion power.
- Where is General Fusion Group Ltd based and how big is it?
- General Fusion Group Ltd is based in Richmond, British Columbia, Canada. Fundz records about 160 employees.
- Who are the decision-makers at General Fusion Group Ltd?
- Fundz holds 3 contacts at General Fusion Group Ltd, including the Head of Corporate Development & Investor Relations. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Government And Military around the same time
Companies in the same sectors as General Fusion Group Ltd that raised within 45 days of this round, from Fundz verified event records.
- Serva Energy raised $371K on January 9, 2026.
- Avantis Group raised an undisclosed amount (Private Equity) on January 8, 2026.
- Inox Clean Energy raised $345M on January 8, 2026.
- Juniper Green Energy raised $227M (Debt Financing) on January 6, 2026.
- Legence raised $100M on January 2, 2026.
- Energy Vault raised $15M (Convertible Note) on January 2, 2026.
Who to call at General Fusion Group Ltd, and when
A new round usually means General Fusion Group Ltd is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day General Fusion Group Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at General Fusion Group Ltd, from your own LinkedIn network
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Related People
General Fusion Group Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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