Canada · Growth startup

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.

CleantechClimate TechEnergy

Raised 4 months ago

Funding summaryUpdated 1 Nov 2026

$241Mraised across 8 rounds since 2009, from 8 sources

$49MRound$108MGrowth
Latest round
Growth, $108MJul 2026
Step-upi
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.

200920122015201820212024
$14MSeries A$20MSeries B?Series C$6.5MSeries E$49MRound$22MRound$108MGrowth
First round
Series A, $14M
Aug 2009
Biggest round
$108M
Growth · Jul 2026
Usual gap between rounds
2.3 years
the median of 6

The rounds

  1. Jul 2026
    Growth$108M

    No investor was named in the report.

    Reported by TechCrunchSEC filing: $108M sold

  2. Aug 2025
  3. Oct 2018
    Round$49M1 new
    • Strategic Innovation Fund

    Reported by Biv

  4. Feb 2014
  5. Feb 2014
    Series E$6.5M1 new

    From a historical funding recordSEC filing: $2.1M sold, first sale Feb 2014

  6. Jul 2013
  7. May 2011
  8. Aug 2009
    Series A$14M3 new

    Reported by generalfusion.comSEC filing: $9.0M sold, first sale Jul 2009

Founders and team

From General Fusion's own website: 1 founder, 15 on the team.

Michel LabergeFounder & Chief Science Officer
  • Greg TwinneyChief Executive Officer
  • David PlantVice President, Research & Development
  • Mike DonaldsonSenior Vice President, Technology Development
  • Robert CrystalSenior Vice President, Finance
  • Jan LaishleyChief People and Culture Officer
  • Megan WilsonChief Strategy Officer
  • Kelly EppHead of LM26 Project
  • Chris SorrellsDirector
  • Joanna CameronGeneral Counsel & Corporate Secretary
  • Klaas de BoerChairman of the Board of Directors
  • Mark LittleDirector
  • Norman HarrisonDirector
  • Thomas BoehlertDirector
  • Tony DonnéChair
  • Wendy KeiDirector

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.

Everyone who backed them

BDC CapitalVC firm4rounds
Entrepreneurs FundVC firm4rounds
GrowthWorksVC firm3rounds
Bezos ExpeditionsFamily office3rounds
Cenovus EnergyCorporate VC3rounds
GaingelsPrivate equity1round
Temasek HoldingsVC firm1round
Presight CapitalVC firm1round
Environmental Technologies FundInvestment firm1round
Khazanah NasionalInstitutional LP1round
RobecoPrivate equity1round
JIMCOVC firm1round
HATCHVC firm1round
Segra Capital ManagementGrowth equity1round
MILFAMFamily office1round
PenderFundInvestment firm1round
Thistledown CapitalInvestment firm1round
Strategic Innovation Fundno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

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 VenturesVC firmPer its own site
WUTIFVC firmPer its own site
Helium-3 VenturesVC firmPer its own site
Octant VenturesVC firmPer its own site
SupernodeVC firmPer its own site
Wincrest Capital LTD.InvestorPer 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

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