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STATUS Current
FUND Technology

General Fusion

General Fusion is transforming the way the world is energized with a practical path to commercial fusion energy.

Founded in 2002, by physicist Dr. Michel Laberge,  today General Fusion has more than 160 employees, and a global network of government, institutional, and industrial partners.

The Company is developing utility-scale fusion power using Magnetized Target Fusion (MTF) technology and working toward its goal to demonstrate and commercialize this new clean, safe, and economic concept by the end of the decade.

General Fusion’s machine is a ground-up approach designed to enable a commercially viable power plant.  Electricity is generated by pumping hot liquid metal through a heat exchanger to heat water, which then drives a steam turbine. General Fusion power plants will also be modular, allowing multiple units to energize large cities or heavy industry.

General Fusion is supported by a global syndicate of energy venture capital funds, industry leaders, and technology pioneers, together with broad support from the governments of Canada, the United Kingdom, and the USA.

In late 2021, the JIMCO Technology Fund made its second strategic investment in the future of fusion energy, participating in General Fusion’s transitory financing Series E round.  This continues the ongoing commitment by the Jameel Family to technologies that have the potential to deliver a truly sustainable energy future for all.

Series E Dec 2021
FOUNDING TEAM
  • Dr. Michel Laberge
    Founder & Chief Scientist
PARTNERS
  • Christofer Mowry
    Chief Executive Officer
FOUNDED
website

General Fusion is headquartered in Vancouver, Canada, with locations in London, UK, and Oak Ridge, Tennessee, USA. Its world-class management team is aligning economic and technology benefits with markets for energy and decarbonization demands.

General Fusion has been recognized globally for its work in clean energy technology, and is a member of the Cleantech Global 100 (2014, 2015, 2016/17) as well as the recipient of numerous Canadian and international cleantech awards.  In 2022, General Fusion was named to the 2022 Global Cleantech 100 – a prestigious, peer-reviewed list of top companies in cleantech. 

Christofer M. Mowry

Chief Executive Officer General Fusion

Christofer Mowry joined General Fusion as its Chief Executive Officer in 2017, bringing global energy industry leadership to the company during the important transition from lab-scale research to the pilot plant demonstration of its technology. 

JIMCO Technology Fund caught up with Chris to hear about General Fusion’s innovative technology and how the businesses plans to commercialize limitless fusion energy.

News from our Portfolio Businesses

The brands and business in the JIMCO investment portfolio are making the news around the world as their transformational approach to global challenges is enabling all of us to take steps towards a more beautiful tomorrow.

You can catch-up with some of their latest headlines here:

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January 26, 2023
General Fusion

“After 20 years – to see our core technologies proven

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January 16, 2023
General Fusion

Fascinating development in UK #fusion #energyGeneral Fu...

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January 16, 2023
General Fusion

“B.C.’s General Fusion has received a green light from ...

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January 12, 2023
General Fusion

Our fusion demonstration received consent at UKAEA’s Cu...

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December 27, 2022
General Fusion

Last week the Lawrence Livermore National Laboratory an...

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December 20, 2022
General Fusion

We work with a diverse portfolio of investors, includin...

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December 20, 2022
General Fusion

Our unique and practical Magnetized Target Fusion tech ...

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December 20, 2022
General Fusion

Investors appreciate that our tech is different because...

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December 14, 2022
General Fusion

We’re thrilled that Lawrence Livermore National Laborat...

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December 14, 2022
General Fusion

This year marks our 20th anniversary!🥳In that time, we...

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December 14, 2022
General Fusion

“Everything we do is focused on a commercial power plan...

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November 30, 2022
General Fusion

#Fusionenergy can uniquely benefit the world. How? With...

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November 24, 2022
General Fusion

When Dr. Michel Laberge founded General Fusion, his mis...

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November 16, 2022
General Fusion

“General Fusion’s design has the potential to leap one ...

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November 14, 2022
General Fusion

We’re thrilled to announce that we’re collaborating wit...

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November 2, 2022
General Fusion

“Its use of liquid metal confinement protects the machi...

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October 24, 2022
General Fusion

Construction of General Fusion’s demonstration machine,...

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October 24, 2022
General Fusion

“Fusion could be the most cost-effective – and dominant...

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October 20, 2022
General Fusion

We’re positioned to help enable #netzero by commerciali...

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October 18, 2022
General Fusion

Today, we announced our collaborative agreement with th...

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October 18, 2022
General Fusion

General Fusion has formed over 200,000 hydrogen plasmas...

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October 17, 2022
General Fusion

Founder Michel Laberge took the Consul General of Franc...

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September 30, 2022
General Fusion

CEO Greg Twinney explains how we will “commercialize #f...

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September 19, 2022
General Fusion

We are excited to announce that we’ve been honoured by

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August 19, 2022
General Fusion

General Fusion to represent B.C. globally

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July 28, 2022
General Fusion

Reaching net-zero emissions requires a practical, scala...

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July 20, 2022
General Fusion

Bloomberg News recently visited General Fusion to learn...

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July 12, 2022
General Fusion

Please join us in welcoming Greg Twinney as the Chief

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July 1, 2022
General Fusion

Fusion applications go beyond power generation for the ...

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June 14, 2022
General Fusion

In his latest message, CEO Chris Mowry discusses the Wh...

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April 28, 2022
General Fusion

“Fusion will give all societies an affordable and pract...

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April 28, 2022
General Fusion

DYK #fusion has a lower carbon footprint than other ene...

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April 28, 2022
General Fusion

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Important note: these news items are links to external third-party content and will open in a new tab. These links are provided for your information only. JIMCO has, unless explicitly indicated otherwise, no control over the content of those sites or resources and has no rights in the content of those sites or in the resources. JIMCO assumes no responsibility for the content of websites linked on the JIMCO Website. Such links should not be interpreted as endorsement by JIMCO nor Abdul Latif Jameel of those linked websites therein.

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Proven physics meets revolutionary magnet technology on the surest path to limitless, clean, fusion energy