Search Results

Guorui Zhaovolt Achieves Mass Production and Delivery of FRC Fusion Power Supplies

Recently, Wuhu Guorui Zhaovolt Electronics Co., Ltd. (hereinafter referred to as Guorui Zhaovolt) announced that its all-solid-state pulse power supply, developed specifically for Field-Reversed Configuration (FRC) nuclear fusion devices, has achieved mass production and delivery. This batch of products will be successively shipped to multiple fusion experimental device construction sites across China, providing core power supply support for research institutions and commercial fusion enterprises, marking a new milestone for China in the engineering and mass manufacturing of high-voltage, high-current pulsed power technology. As a new-generation pulsed magnetic confinement nuclear fusion technology, FRC, with its advantages of simple device structure, low construction cost, high modularity, fast iteration speed, and outstanding miniaturization potential...

2026-11-09

Nova Fusion Completes RMB 1.2 Billion Pre-A Series Financing

Nova Fusion Energy Technology (Shanghai) Co., Ltd. recently announced the completion of its Pre-A series financing totaling RMB 1.2 billion, comprising both the Pre-A round and Pre-A+ round. The company stated that within 16 months since its establishment, it has completed a RMB 500 million angel round, a RMB 700 million angel+ round, and this round of financing, bringing cumulative fundraising to RMB 2.4 billion with a post-investment valuation exceeding RMB 10 billion. In this round, Meituan Longzhu and Hillhouse Ventures continued their participation, while Lenovo Capital and Guozhong Capital joined as new strategic investors. The company stated that the funds from this round will primarily be used for new device construction, key technology iteration, industrial base preparation, and subsequent fusion energy output verification efforts. Nova Fusion focuses on field-reversed configuration (FRC) small...

2026-08-31

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

Guomai Fusion Energy Completes Angel+ Round Financing, with Zhengxuan Investment and Others Supporting aFRC Fusion Route Commercialization

Recently, Beijing Guomai Fusion Energy Technology Co., Ltd. (hereinafter referred to as Guomai Fusion Energy) completed its Angel+ round of financing. This round was participated by well-known institutions such as Zhengxuan Investment and Dalin Investment. By adopting a strategy of small steps and rapid iteration, Guomai Fusion Energy has continuously advanced its financing, pooling industrial and capital forces to support R&D design and engineering validation, and promoting the fast and sound development of the advanced field-reversed configuration (aFRC) route. The funds from this round will be primarily used for aFRC route R&D, including the construction of fusion experimental devices, core technology breakthroughs, and talent team building, accelerating key technology breakthroughs and experimental validation. Guomai Fusion Energy, established in the Beijing Economic-Technological Development Area, is a company focusing on advanced field-reversed config...

2026-07-31