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Hefei Keye Electrophysics secures Series A financing to expand fusion engineering capabilities and supply chain solutions.

PRIVATEOct 29, 2026

Round Type

Series A

Shushan DistrictManufacturing

Description

Hefei Keye Electrophysics, a leading Chinese nuclear fusion equipment manufacturer founded in 2007, has secured Series A financing to advance its position in the fusion industrial chain. The company provides core components and systems for major fusion projects including ITER, EAST, BEST, and CRAFT. As a supplier of critical fusion engineering equipment, Keye operates in a strategic position unaffected by competing technical route risks. The capital will support the company's transition from large scientific devices to commercial fusion industrialization.

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Company Information

Company

Hefei Keye Electrophysics

Location

Shushan District, Anhui, China

About

Hefei Keye Electrophysics is a leading private enterprise in nuclear fusion equipment, founded in 2007 and headquartered in Hefei High-Tech Zone. The company specializes in fusion engineering equipment including superconducting magnets, cryogenic systems, vacuum systems, and power supply systems. With nearly 20 years of experience, it has participated in major projects like ITER, EAST, BEST, and CRAFT, offering full-cycle engineering delivery capabilities. Operating as a "seller of shovels" in the fusion industry chain, the company is positioned to benefit from any successful fusion technology route.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Hefei Keye Electrophysics 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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