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Crossfield Fusion

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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…

London, United KingdomFounded 2019Energy
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Crossfield Fusion and the history behind them.

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

Source: Dealroom company data

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

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
CONVERTIBLEEquity / VC Jul 2021 $0 — Future Planet Capital —
GRANT✓Other financing May 2020 $251K — Undisclosed —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Crossfield Fusion website traffic

Latest recorded traffic for Crossfield Fusion is 960 monthly website visits, up 52.4% over the last three months.

Latest monthly visits960 3-month web change+52.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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CompanyHeadquartersStatusEmployeesTotal fundingValuation
First Light FusionInspired by the only natural example of inertial confinement on Earth, First Light Fusion is developing a practical pathway to fusion energy using the simplest machine possible Yarnton, United Kingdom Operational 89 $135M $225M
Tokamak EnergyCommercial fusion energy via spherical tokamaks and HTS magnets. Milton, United Kingdom Operational
Oxford PhotovoltaicsDesigns and manufactures hybrid organic photovoltaic systems for building integrated applications Yarnton, United Kingdom Operational
Renaissance FusionRenaissance Fusion builds on the success of stellarator experiments, makes them reactor-ready by quadrupling the magnetic field and simplifies them using proprietary High-Temperature Superconductors manufacturing and flowing liquid-metal walls Fontaine, France Operational
Astral SystemsManufacturer of next generation compact fusion reactors enabling immediate medical and industrial applications Dorchester, United Kingdom Operational
Exergy3Developing and commercializing a novel form of ultra-high temperature energy storage technology Edinburgh, United Kingdom Operational
Gauss FusionIndustrial-scale stellarator fusion power plant development Hanau, Germany Operational
Novatron Fusion GroupCost-effective fusion energy solution using stable magnetic mirrors Stockholms kommun, Sweden Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

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
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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇬🇧 United Kingdom · London HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Crossfield Fusion on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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