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Crossfield Fusion
Crossfield Fusion has been developing a novel compact fusion reactor targeting carbon free heat and power generation. The company adopted a new approach to building fusion reactors based on patented…
About Crossfield Fusion
Positioned within the alternative energy sector, Crossfield Fusion is a UK-based company established in 2019 by James McKenzie and Chris Macdonald-Bradley. The firm is focused on the development of nuclear energy projects, specifically pioneering a novel compact fusion reactor for carbon-free heat and power generation.
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The company's initial strategy centered on a patented technology called the Epicyclotron. By 2021, a working fusion device based on this approach was developed. However, experimental work and detailed modeling revealed that the reactor would not scale as initially projected to achieve a net energy gain. This led to a strategic pivot. Crossfield Fusion is now channeling its technological developments into exploring applications within the hydrogen isotope separation part of the fusion fuel cycle. This new direction aims to support the broader fusion ecosystem, which relies on the economic viability of its fuel cycle.
Financially, the company is privately held and has secured funding through early-stage venture capital and grants. Records show it raised approximately $422K over two seed rounds in April 2020. Institutional investors include Innovate UK, Future Planet Capital, and the UK Innovation Science & Seed Fund.
Crossfield Fusion's long-term vision involves manufacturing compact, factory-producible fusion reactors, roughly the size of small shipping containers, with a potential output of 1MWe of electricity or 2-3MWt of heat. Before reaching this goal, the company sees commercial opportunities for its technology as a high-output, compact neutron source for applications in radiotherapy, medical isotope production, and materials testing. Keywords: nuclear fusion, compact fusion reactor, fusion fuel cycle, hydrogen isotope separation, alternative energy, cleantech, carbon-free energy, Epicyclotron, neutron sources, medical isotopes, radiotherapy, materials testing, James McKenzie, Chris Macdonald-Bradley, UK Innovation Science & Seed Fund, Future Planet Capital
At a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- London, United Kingdom
- Open positions
- None listed
- Dealroom signal
- 21.3/100
- Sub-industry
- Clean Energy
- Sector
- Energy, Sustainable Development Goals, Nuclear Fusion, Climate Tech, Novel Energy, Hard Tech, NIF defense security and resilience, NIF energy, NIF Energy Security and Climate Change, DT and LS, UKis clean energy
- Technology
- Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| CONVERTIBLEEquity / VC | Jul 2021 | $0 | — | Future Planet Capital | — |
| GRANT✓Other financing | May 2020 | $251K | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Crossfield Fusion is 960 monthly website visits, up 52.4% over the last three months.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Future Planet Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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