General Fusion Inc.

Richmond, A1 · Founded 2023 · Energy · Public

Magnetized Target Fusion reactor for commercial power generation

New patent · Oct 20

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Updated Oct 23, 2026 · generalfusion.com

Sector: Energy
Headquarters: Richmond, A1
Founded: 2023
Latest Form D: $350K, Feb 2026
Total capital: $56.1M

Federal grants: None on recordNo awards found in SBIR/STTR, NIH, NSF or DoD records.
Private capital raised: $56.1M; 9 Form D · last Feb 2026; 8 months since last filing
Federal contracts: None on recordNo federal contract awards found.
Granted patents: 1; first 2026; Rank in peer group#53 of 151

Capital timeline

Latest events

Feb 2026Private capital raisedForm D · SEC · 9th filing$350K
Dec 2025Private capital raisedForm D · SEC · 8th filing$38.2M
Aug 2020Private capital raisedForm D · SEC · 7th filing$500K
May 2015Private capital raisedForm D · SEC · 6th filing$1.8M
Feb 2014Private capital raisedForm D · SEC · 5th filing$2.1M
Dec 2012Private capital raisedForm D · SEC · 4th filing$1.6M
May 2011Private capital raisedForm D · SEC · 3rd filing$1.6M
Jun 2010Private capital raisedForm D · SEC · 2nd filing$1M
Jul 2009Private capital raisedForm D · SEC · 1st filing$9M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 151 peers

Line = median

Energy · Device

Granted patents#53 · top 35%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings

Adam M. RodmanDirectorNamed in SEC Form D filings
Chip W. HambroDirectorNamed in SEC Form D filings
Christopher M. MowryExecutive Officer, DirectorNamed in SEC Form D filings
Denis J ConnorDirectorNamed in SEC Form D filings
Douglas RichardsonExecutive Officer, DirectorNamed in SEC Form D filings
Doug J. RichardsonExecutive OfficerNamed in SEC Form D filings

Show all 32 people

Fred BuckmanDirectorNamed in SEC Form D filings
Grant M. GardinerDirectorNamed in SEC Form D filings
Greg M. TwinneyExecutive OfficerNamed in SEC Form D filings
Jacques BesnainouDirectorNamed in SEC Form D filings
Jan M. LaishleyExecutive OfficerNamed in SEC Form D filings
Kelly M. EdmisonDirectorNamed in SEC Form D filings
Klaas de BoerDirectorNamed in SEC Form D filings
Mark M. LittleDirectorNamed in SEC Form D filings
Megan M. WilsonExecutive OfficerNamed in SEC Form D filings
Michael J BrownExecutive Officer, DirectorNamed in SEC Form D filings
Michael W. CappelloExecutive OfficerNamed in SEC Form D filings
Michael DelageExecutive OfficerNamed in SEC Form D filings
Michael M. DonaldsonExecutive OfficerNamed in SEC Form D filings
Michael LabergeExecutive OfficerNamed in SEC Form D filings
Michel LabergeExecutive OfficerNamed in SEC Form D filings
Mike BrownDirectorNamed in SEC Form D filings
Mike ShermanDirectorNamed in SEC Form D filings
Nathan GillilandExecutive Officer, DirectorNamed in SEC Form D filings
Norman M. HarrisonDirectorNamed in SEC Form D filings
Rick WillsDirectorNamed in SEC Form D filings
Robert M. CrystalExecutive OfficerNamed in SEC Form D filings
Rolf J DekleerDirectorNamed in SEC Form D filings
Susan KochExecutive OfficerNamed in SEC Form D filings
Wal M. van LieropDirectorNamed in SEC Form D filings
William J LeseDirectorNamed in SEC Form D filings
Zoltan M. TompaDirectorNamed in SEC Form D filings

What it has protected

USPTO · 1 granted of 1

Oct 20, 2026New patentPlasma Compression System Utilizing Poloidal Field CoilsUSPTOUS 12,770,744

I POWER ENERGY SYSTEMS LLCSimilar federal contract value in Energy · null in contracts
AES Corp/NMSimilar federal contract value in Energy · null in contracts
Enphase Energy, Inc.Similar federal contract value in Energy · null in contracts
Inertia Beverage Group, Inc.Similar federal contract value in Energy · null in contracts
Clear Energy Systems, Inc.Similar federal contract value in Energy · null in contracts
BATTERY INFORMATICS, INC.Similar federal contract value in Energy · null in contracts

Regulatory activity · Energy

Sector-level, not company-level

09 Jul 2026Air Plan Approval; Michigan; Redesignation and Maintenance Plan for the Partial St. Clair 2010 1-Hour Sulfur Dioxide (SO2) NAAQS Nonattainment AreaEnvironmental Protection Agency
02 Jul 2026Air Plan Approval; Delaware; 2006 24-Hour Fine Particulate Matter Limited Maintenance Plan for the Philadelphia Nonattainment AreaEnvironmental Protection Agency
02 Jul 2026Air Plan Approval; Oklahoma; Updates to the State Implementation Plan for New Source Review Permitting and General SIP ProvisionsEnvironmental Protection Agency
01 Jul 2026List of Approved Spent Fuel Storage Casks: NAC International, Inc., MAGNASTOR® Storage System, Certificate of Compliance No. 1031, Amendment Nos. 16 and 17 and Revisions to Amendment Nos. 0 Through 16Nuclear Regulatory Commission
30 Jun 2026Epyrifenacil; Pesticide TolerancesEnvironmental Protection Agency
30 Jun 2026Fluoxapiprolin; Pesticide TolerancesEnvironmental Protection Agency

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through Oct 23, 2026. SBIR and STTR awards through Oct 21, 2026.