F
Fuse
Energy · Napierville, Canada · Founded 2018
The next generation of pulsed power fusion MoreLess
Fuse Energy Technologies, operating as Fuse, was established in 2019 by co-founders Ryan Wood and Matthew Thompson. The company is pursuing the development of commercially viable fusion energy through a unique approach centered on pulsed power technology. Wood, serving as CEO, brings a background from SpaceX where he focused on high-power electronics and advanced manufacturing for the Starship and Starlink programs. Thompson, the CTO, has a history in advanced military systems, previously working on pulsed power and radiation sciences at Northrop Grumman. Their combined expertise in high-power systems and rapid hardware development informs Fuse's strategy.
The company's business model is strategically dual-pronged. In the immediate term, Fuse addresses the national security market by offering radiation effects testing capabilities. This service supports the U.S. and its allies by simulating environments to test the resilience of critical electronics, generating near-term revenue. The long-term objective is the generation of commercial power through fusion energy. Fuse's technological pathway involves developing a series of machines, with the ultimate goal of creating a fusion pilot plant.
Fuse has developed and built three pulsed power fusion machines since its inception. Its latest machine, TITAN, is a high-power Impedance Matched Marx Generator (IMG). This technology serves as the foundational building block for their planned fusion power plant, designated APEIRON I. The design of TITAN has been peer-reviewed and its experimental results were published in Nature Scientific Reports, lending credibility to their technical approach. The company's methodology focuses on a stabilized Z-pinch fusion concept, which aims to be a more compact and potentially lower-cost alternative to other mainstream fusion approaches like tokamaks.
Keywords: fusion energy, pulsed power, national security, radiation testing, Z-pinch fusion, commercial power, energy technology, Marx generator, advanced manufacturing, power electronics
Company overview
Fuse company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Napierville, Canada
- Employees
- 59
- Open positions
- 33
- Dealroom signal
- 77.6
Valuation & funding
Fuse funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Sep 2024 | $32M | $200M | Kevin Hartz · Adrian Aoun · MANTIS · Tamarack Global | ↗ |
| SEEDEquity / VC | Mar 2023 | $17M | $68M | Buckley Ventures · Tamarack Global | — |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 59 |
| 2025 | 54 |
| 2024 | 35 |
| 2023 | 23 |
| 2022 | 13 |
Growth signals
Fuse website traffic
Latest recorded traffic for Fuse is 10K monthly website visits, down 16.7% over the last three months. Fuse's team grew 9.3% over the past year.
Hiring
Open positions at Fuse
Current openings linked to this company in Dealroom.
Comparisons
Fuse compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Fuse's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Fuse has talent and traffic
team presence
In the news
Latest news about Fuse
Recent press, funding announcements, and product moves mentioning Fuse — open to read from the original sources.
Market sentiment
What the market is saying about Fuse
An AI-synthesized read of the highest-engagement posts about Fuse on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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
See Fuse’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.





















