COMPANY PROFILE

Neo Fusion

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Research and develop technologies aimed at making controlled fusion available for global commercial use within 20 years

ChinaFounded 2023Energy

Valuation $500M–1B Last recorded · 2023

Total funding $100–500M Disclosed equity funding

At a glance

Status: Operational
Founded: 2023
Headquarters: China
Open positions: None listed
Dealroom signal: 32.4/100
Industry: Energy
Sub-industry: Clean Energy
Sector: Energy, Sustainable Development Goals, Nuclear Fusion, Climate Tech, Hard Tech, DT and LS, science-based
Technology: Hardware, Deep Tech
Business model: Manufacturing
Client focus: b2b

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2 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VCOther financing	May 2023	$69M	$688M	Weilai Capital	—
LATE VCOther financing	May 2023	$137M	$688M	NIO	↗

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Company	Headquarters	Status	Employees	Total funding	Valuation
GFGauss FusionIndustrial-scale stellarator fusion power plant development	Hanau, Germany	Operational	42	$11M	—
NPnT-Tao Compact Fusion PowerNT-Tao is building a compact fusion reactor that will generate 10-20 MW of electricity. The reactor is highly scalable and will be about the size of a shipping container, ensuring clean fusion energy wherever needed	Hod Hasharon, Israel	Operational
NGNovatron Fusion GroupCost-effective fusion energy solution using stable magnetic mirrors	Stockholms kommun, Sweden	Operational
XEXcimer EnergyExcimer-based laser fusion architecture to commercialize safe, affordable fusion energy while advancing national security.	Denver, United States	Operational
FUFuseThe next generation of pulsed power fusion	Napierville, Canada	Operational
RFRenaissance 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
GFGeneral FusionCommercializing clean energy with Magnetized Target Fusion technology	Richmond, Canada	Operational
CFCrossfield FusionCrossfield 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 technology called the Epicyclotron	London, United Kingdom	Operational