Pacific Fusion is a Fusion Energy company founded in 2023 and based in Fremont, USA. It has raised $900M in total funding, most recently a Series A in 2024.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Oct 25, 2024 | Series A | $900M | — | General Catalyst |
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Pacific Fusion is developing a pulsed-power driven inertial confinement fusion system designed for commercial energy production, targeting net energy gain via rapid successive implosion pulses. The approach uses high-voltage discharge to compress and heat fusion fuel to ignition conditions, a capital-efficient alternative to laser-based ICF. The team's technical pedigree traces from NIF and General Fusion. Commercial demonstration is targeted before 2030, with a $900M Series A funding round to build the system.