CATL Again Leads New Funding Round for Beta Fusion
On July 31, CATL continued to lead a new funding round for fusion frontier technology company Beta Fusion with an investment of several hundred million yuan. Corporate information query platforms showed that relevant details of Beta Fusion's latest funding round had been updated that day. This marks CATL's renewed commitment to the company following its lead investment of several hundred million yuan in Beta Fusion's seed round in early June this year. Beta Fusion (Beijing) Energy Technology Co., Ltd. was established in late 2025 with a registered capital of 1 million yuan, focusing primarily on the pulsed field-reversed configuration (FRC) magneto-inertial confinement route to explore commercialization pathways for controlled nuclear fusion. The company's founder, Cao Zhiping, is among the early domestic researchers engaged in pulsed FRC route development...
2026-08-01