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Deals & Capital

Funding rounds, SPACs, M&A.

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M&A

General Fusion completes $1B SPAC transaction, lists on NASDAQ

Canadian magnetized target fusion developer becomes second pure-play fusion company on a U.S. exchange.

VANCOUVER, BC — June 3, 2026 · 1 min read

Capital

TAE Technologies closes $250M Series G led by sovereign wealth investors

Foothill Ranch company brings cumulative private funding to roughly $1.45 billion ahead of Copernicus build.

FOOTHILL RANCH, CA — June 2, 2026 · 1 min read

Capital

Pacific Fusion raises $900M Series A on pulsed magnetic confinement bet

Stealth-mode startup unveils itself with one of the largest Series A rounds in fusion history.

FREMONT, CA — May 31, 2026 · 1 min read

M&A

Struggling fusion power company General Fusion to go public via $1B reverse merger

Magnetized Target Fusion developer General Fusion will go public through a reverse merger with Keyarch Acquisition Corp., valuing the combined company at approximately $1 billion.

Aug 20, 2026 · 2 min read · General Fusion

Capital

Xcimer Energy raises $100M Series A for KrF laser ICF approach

Denver-area startup commits to krypton-fluoride laser drivers as alternative to NIF-class glass lasers.

DENVER, CO — May 29, 2026 · 1 min read

M&A

Trump Media, TAE Technologies merge for AI fusion power

TAE Technologies, a private company developing aneutronic fusion, has agreed to merge with Trump Media & Technology Group, the parent entity of the social media platform Truth Social.

Aug 11, 2026 · 2 min read · TAE Technologies

M&A

Trump Media merges with TAE Technologies to advance fusion energy

TAE Technologies will merge with Trump Media & Technology Group in a deal valued at $6 billion, aiming to accelerate the commercialization of its p-B11 aneutronic fusion approach.

Aug 11, 2026 · 2 min read · TAE Technologies

M&A

Kyoto Fusioneering signs JV agreement with UKAEA on tritium fuel cycle

Japanese engineering firm and UK national lab co-develop tritium handling for STEP and beyond.

KYOTO — May 27, 2026 · 1 min read

Industry

As General Fusion makes historic Nasdaq debut, report shows global funding surged to $4.5B

General Fusion has become the first fusion energy company to list on a major public exchange, debuting on Nasdaq amid a report of global private fusion funding reaching $4.5 billion.

Aug 14, 2026 · 2 min read · General Fusion

Industry

Westinghouse and ITER Sign a $180M Contract to Advance Nuclear Fusion

The ITER Organization has awarded Westinghouse Electric Company a $180 million contract for the complex assembly of the fusion reactor's massive vacuum vessel.

Sep 16, 2026 · 2 min read · ITER

Industry

Proxima Fusion and Lower Saxony sign MoU to build Europe’s first large-scale fusion-grade HTS tape facility

Proxima Fusion and the German state of Lower Saxony have signed a Memorandum of Understanding to establish Europe's first large-scale manufacturing facility for fusion-grade high-temperature superconducting tapes.

Sep 16, 2026 · 2 min read · Proxima Fusion

Industry

Zap Energy becomes the first fusion company to add traditional nuclear fission to its business — a move that stunned the industry

Zap Energy, a developer of sheared-flow-stabilized Z-pinch fusion, has announced a strategic diversification into traditional nuclear fission, becoming the first private fusion company to formally expand into the established nuclear sector.

Sep 15, 2026 · 2 min read · Zap Energy

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Citations & Sources

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  1. [01]

    Fusion Industry Association — Annual Report

    FIA · 2025

  2. [02]

    DOE Milestone-Based Fusion Development Program

    U.S. Department of Energy