Cracks are starting to form on fusion energy’s funding boom
Fusion startups and investors risk deepening fissures if some key disagreements aren’t settled amicably.
General Fusion
Struggling fusion power company General Fusion to go public via $1B reverse merger
General Fusion’s merger with an acquisition company will net the company over $300 million. Just last year, the company ran into trouble raising money from other investors.
Struggling fusion power company General Fusion gets $22M lifeline from investors
General Fusion pleaded for new funding in May after it laid off 25% of its staff. The new round buys it precious months to pursue its scientific milestones.