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General Fusion

General Fusion Secures $22M Lifeline: Pursuing Fusion Milestones

General Fusion Secures $22M Lifeline: Pursuing Fusion Milestones

Canadian nuclear fusion startup General Fusion has recently secured a critical influx of $22 million in fresh investment. This new funding comes crucially after a significant workforce reduction earlier this year, where the company had to lay off up to 25% of its employees in a strategic bid to stabilize

General Fusion Secures $22M Funding Boost Amid Challenges

General Fusion Secures $22M Funding Boost Amid Challenges

General Fusion, a pioneering Canadian startup engaged in developing nuclear fusion energy, has secured a crucial $22 million in new investment funding. This infusion comes at a critical time following layoffs affecting a quarter of its workforce earlier in the year. The fresh capital, while far below the $125 million