$22MVenture, 21 August 2025
Pay-to-play financing, well short of the $125M sought, to keep running its LM26 reactor toward scientific milestones. Instrument not named, ownership stakes and board seats suggest equity.
- Amount
- $22M
- Stage
- Venture
- Announced
- 21 August 2025
- Lead
- Segra Capital Management
- Other investors
- PenderFund, Chrysalix Venture Capital, Gaingels, Hatch, MILFAM, JIMCO, Presight Capital, Thistledown Capital
- Use of funds
- Pay-to-play financing, well short of the $125M sought, to keep running its LM26 reactor toward scientific milestones. Instrument not named, ownership stakes and board seats suggest equity.
- Checked
- Amount and date checked against the press source
- Source
- General Fusion raises $22M techcrunch.com