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Qiming co-led a $100 million funding round in SunUp Fusion, a nuclear fusion startup, to support their innovative energy solutions.

PRIVATEJun 08, 2026

Amount Raised

$100 Million

Round Type

Funding Round

ShanghaiManufacturingEnergyRenewable Energy

Investors

Cmc Capital PartnersQiming Venture PartnersIndustrial

Description

Qiming Venture Partners has led a $100-million investment in SunUp Fusion, which focuses on developing compact fusion power plants. This funding comes just five months after their angel round with notable investors. The investment aims to drive advancements in cleaner fusion energy. SunUp Fusion is capitalizing on China's growing nuclear fusion market amidst strong state support.

Quick answer

SunUp Fusion raised $100 Million in a Funding Round round, dated June 8, 2026. Investors: Cmc Capital Partners, Qiming Venture Partners and Industrial. SunUp Fusion is based in Shanghai, China.

How much did SunUp Fusion raise?
SunUp Fusion raised $100 Million in a Funding Round round on June 8, 2026.
Who invested in SunUp Fusion?
Cmc Capital Partners, Qiming Venture Partners and Industrial are named as investors in this round.
What does SunUp Fusion do?
SunUp Fusion (Shanghai) Technology is a Chinese startup founded in July 2025, specializing in the development of small-scale, high-magnetic-field compact fusion power plants.
Where is SunUp Fusion based and how big is it?
SunUp Fusion is based in Shanghai, China.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as SunUp Fusion that raised within 45 days of this round, from Fundz verified event records.

  • Sofab Inks raised $6M (Seed) on July 21, 2026.
  • Flexell Space raised $20M (Series A) on July 20, 2026.
  • Tantalex Lithium Resources Corporation raised $5M (Convertible Note) on July 17, 2026.
  • NxLite raised $13M (Series A) on July 16, 2026.
  • NexiGO raised $2.3M (Pre-Seed) on July 14, 2026.
  • Sabanto raised an undisclosed amount (Series B) on July 14, 2026.

Who to call at SunUp Fusion, and when

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Company Information

Company

SunUp Fusion

Location

Shanghai, China

About

SunUp Fusion (Shanghai) Technology is a Chinese startup founded in July 2025, specializing in the development of small-scale, high-magnetic-field compact fusion power plants. The company is focusing on Deuterium-Helium-3 (D-³He) fuel cycles to achieve cleaner fusion energy, significantly reducing neutron activation and structural radiation. They are part of the growing nuclear fusion market, transitioning from government-led research to commercial industry.

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SunUp Fusion 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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