# General Fusion funding: rounds and investors > General Fusion has raised $241M across 8 rounds since 2009. Investors include BDC Capital, Entrepreneurs Fund and Chrysalix Venture Capital. Source: https://millionrounds.com/company/general-fusion (Millionrounds; every figure on the page links to its filing or article) Canada · [Growth startup](https://millionrounds.com/companies) # Who invested in *General Fusion* 8 rounds we have observed, with the 23 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Cleantech Climate Tech Energy Raised 4 months ago Follow General Fusion and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fgeneral-fusion) Funding summary Updated 1 Nov 2026 **$241M** raised across 8 rounds since 2009, from 8 sources **$49M** Round **$108M** Growth - **Latest round:** Growth, $108M Jul 2026 - **Step-up i:** 4.9× - **Investors:** 23 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2009 2012 2015 2018 2021 2024 **$14M** Series A **$20M** Series B **?** Series C **$6.5M** Series E **$49M** Round **$22M** Round **$108M** Growth - **First round:** Series A, $14M - **Biggest round:** $108M - **Usual gap between rounds:** 2.3 years ## The rounds - **Jul 2026** Growth **$108M** No investor was named in the report. Reported by TechCrunch SEC filing: $108M sold - **Aug 2025** Round **$22M** *9 new* *2 returning* [Gaingels](https://millionrounds.com/fund/gaingels) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Presight Capital](https://millionrounds.com/fund/presight-capital) [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital) [JIMCO](https://millionrounds.com/fund/jimco) [HATCH](https://millionrounds.com/fund/hatch) [Segra Capital Management](https://millionrounds.com/fund/segra-capital-management) [MILFAM](https://millionrounds.com/fund/milfam) [PenderFund](https://millionrounds.com/fund/penderfund) [Thistledown Capital](https://millionrounds.com/fund/thistledown-capital) Reported by TechCrunch SEC filing: $38M sold, first sale Nov 2025 - **Oct 2018** Round **$49M** *1 new* Strategic Innovation Fund Reported by Biv - **Feb 2014** Series E **$22M** *3 new* *7 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [GrowthWorks](https://millionrounds.com/fund/growthworks) [Sustainable Development Technology Canada](https://millionrounds.com/fund/sustainable-development-technology-canada) [Braemar Energy Ventures](https://millionrounds.com/fund/braemar-energy-ventures) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) [Chrysalix Energy Venture Capital](https://millionrounds.com/fund/chrysalix-energy-venture-capital) [Khazanah Nasional](https://millionrounds.com/fund/khazanah-impact-innovation-challenge) [Cenovus Energy](https://millionrounds.com/fund/cenovus-energy) [SET Venture Partners](https://millionrounds.com/fund/set-venture-partners) From a historical funding record SEC filing: $2.1M sold, first sale Feb 2014 - **Feb 2014** Series E **$6.5M** *1 new* [Chrysalix Energy Venture Capital](https://millionrounds.com/fund/chrysalix-energy-venture-capital) From a historical funding record SEC filing: $2.1M sold, first sale Feb 2014 - **Jul 2013** Series C **Amount undisclosed** *2 new* *6 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Braemar Energy Ventures](https://millionrounds.com/fund/braemar-energy-ventures) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital) [Environmental Technologies Fund](https://millionrounds.com/fund/environmental-technologies-fund) [Robeco](https://millionrounds.com/fund/robeco) [Cenovus Energy](https://millionrounds.com/fund/cenovus-energy) Reported by canadianprivateequity.com - **May 2011** Series B **$20M** *4 new* *3 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [GrowthWorks](https://millionrounds.com/fund/growthworks) [Braemar Energy Ventures](https://millionrounds.com/fund/braemar-energy-ventures) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital) [Cenovus Energy](https://millionrounds.com/fund/cenovus-energy) Reported by generalfusion.com SEC filing: $1.6M sold, first sale Apr 2011 - **Aug 2009** Series A **$14M** *3 new* [GrowthWorks](https://millionrounds.com/fund/growthworks) [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital) Reported by generalfusion.com SEC filing: $9.0M sold, first sale Jul 2009 ## Founders and team From General Fusion's own website: 1 founder, 15 on the team. **Michel Laberge** Founder & Chief Science Officer - **Greg Twinney** Chief Executive Officer - **David Plant** Vice President, Research & Development - **Mike Donaldson** Senior Vice President, Technology Development - **Robert Crystal** Senior Vice President, Finance - **Jan Laishley** Chief People and Culture Officer - **Megan Wilson** Chief Strategy Officer - **Kelly Epp** Head of LM26 Project - **Chris Sorrells** Director - **Joanna Cameron** General Counsel & Corporate Secretary - **Klaas de Boer** Chairman of the Board of Directors - **Mark Little** Director - **Norman Harrison** Director - **Thomas Boehlert** Director - **Tony Donné** Chair - **Wendy Kei** Director ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2009 **Series B** 2011 **Series C** 2013 **Series E** 2014 **Series E** 2014 **Round** 2018 **Round** 2025 **Growth** 2026 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital) [GrowthWorks](https://millionrounds.com/fund/growthworks) [Braemar Energy Ventures](https://millionrounds.com/fund/braemar-energy-ventures) [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) [Cenovus Energy](https://millionrounds.com/fund/cenovus-energy) [Chrysalix Energy Venture Capital](https://millionrounds.com/fund/chrysalix-energy-venture-capital) [Gaingels](https://millionrounds.com/fund/gaingels) [Temasek Holdings](https://millionrounds.com/fund/temasek) ## Everyone who backed them [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **4** rounds [Entrepreneurs Fund](https://millionrounds.com/fund/entrepreneurs-fund) VC firm **4** rounds [Chrysalix Venture Capital](https://millionrounds.com/fund/chrysalix-venture-capital) VC firm **4** rounds [GrowthWorks](https://millionrounds.com/fund/growthworks) VC firm **3** rounds [Braemar Energy Ventures](https://millionrounds.com/fund/braemar-energy-ventures) VC firm **3** rounds [Bezos Expeditions](https://millionrounds.com/fund/bezos-expeditions) Family office **3** rounds [Cenovus Energy](https://millionrounds.com/fund/cenovus-energy) Corporate VC **3** rounds [Chrysalix Energy Venture Capital](https://millionrounds.com/fund/chrysalix-energy-venture-capital) Growth equity **2** rounds [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round [Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round [Sustainable Development Technology Canada](https://millionrounds.com/fund/sustainable-development-technology-canada) VC firm **1** round [Presight Capital](https://millionrounds.com/fund/presight-capital) VC firm **1** round [Environmental Technologies Fund](https://millionrounds.com/fund/environmental-technologies-fund) Investment firm **1** round [Khazanah Nasional](https://millionrounds.com/fund/khazanah-impact-innovation-challenge) Institutional LP **1** round [Robeco](https://millionrounds.com/fund/robeco) Private equity **1** round [JIMCO](https://millionrounds.com/fund/jimco) VC firm **1** round [SET Venture Partners](https://millionrounds.com/fund/set-venture-partners) VC firm **1** round [HATCH](https://millionrounds.com/fund/hatch) VC firm **1** round [Segra Capital Management](https://millionrounds.com/fund/segra-capital-management) Growth equity **1** round [MILFAM](https://millionrounds.com/fund/milfam) Family office **1** round [PenderFund](https://millionrounds.com/fund/penderfund) Investment firm **1** round [Thistledown Capital](https://millionrounds.com/fund/thistledown-capital) Investment firm **1** round Strategic Innovation Fund no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=general-fusion). ## Also claim to have backed them These 7 firms list General Fusion as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [New Ground Ventures](https://millionrounds.com/fund/new-ground-ventures) VC firm Per its own site [WUTIF](https://millionrounds.com/fund/wutif) VC firm Per its own site [Helium-3 Ventures](https://millionrounds.com/fund/helium-3-ventures) VC firm Per its own site [JIMCO (Jameel Investment Management Co.)](https://millionrounds.com/fund/jimco-jameel-investment-management-co) VC firm Per its own site [Octant Ventures](https://millionrounds.com/fund/octant-ventures) VC firm Per its own site [Supernode](https://millionrounds.com/fund/supernode) VC firm Per its own site [Wincrest Capital LTD.](https://millionrounds.com/fund/wincrest-capital-ltd) Investor Per its own site ## Quick answers about General Fusion ### Who invested in General Fusion? General Fusion's investors include BDC Capital, Entrepreneurs Fund, Chrysalix Venture Capital, GrowthWorks and Braemar Energy Ventures, and 18 more on record. ### How much has General Fusion raised? General Fusion has raised $241M across 8 rounds since 2009. One round did not disclose an amount, so the total is a floor. ### When did General Fusion last raise? General Fusion's most recent round was a Growth of $108M in Jul 2026. ### What was General Fusion's biggest round? Its most recent round, $108M in Jul 2026, is also its largest on record. ### Who backed General Fusion first? General Fusion's first round on record, in Aug 2009, was backed by GrowthWorks, Entrepreneurs Fund and Chrysalix Venture Capital. ### What stage is General Fusion at? General Fusion's latest named round is a Growth, in Jul 2026. ### Where is General Fusion based? General Fusion is based in Canada. ## Companies like General Fusion In the same sector, and raised in the last eighteen months. [**Evercloak** $1.7M · Oct 2026](https://millionrounds.com/company/evercloak)[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**Summit Nanotech** $3.0M · Sept 2026](https://millionrounds.com/company/summit-nanotech)[**CERT Systems** $2.0M · Sept 2026](https://millionrounds.com/company/cert-systems)[**Cyclic Materials** $150M · Aug 2026](https://millionrounds.com/company/cyclic-materials) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app