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Startorus Fusion

Energy · China · Founded 2021

Compact spherical tokamaks aiming for fusion commercialization MoreLess

Startorus Fusion is a commercial nuclear fusion company founded in 2021 by former Tsinghua University researchers Chen Rui and Tan Yi, who recognized an inflection point where mature plasma physics could be commercialized into grid-scale clean energy. The company develops and operates spherical tokamak fusion reactors based on proprietary magnetic reconnection heating technology—a fundamentally different approach from traditional tokamak designs. Rather than maintaining continuous high-temperature plasma, Startorus employs repeated magnetic reconnection cycles analogous to internal combustion engines, dramatically reducing engineering complexity, reactor size, and construction cost. This innovation positions Startorus to commercialize fusion power faster and at lower capital intensity than conventional fusion routes, with engineering verification targeted for 2028 and commercial demonstration power output by 2032.

The company operates across three parallel development tracks. It currently runs SUNIST-2, a spherical tokamak that achieved first plasma in July 2023 and has since demonstrated plasma currents exceeding 220 killiamps and toroidal magnetic fields ranking third globally. Simultaneously, Startorus is constructing NTST (Negative Triangularity Spherical Tokamak), expected to be the world's first spherical tokamak with negative triangularity—a geometry expected to enhance plasma stability and confinement. These are stepping stones toward CTRFR-1, Startorus's next-generation high-temperature superconducting spherical tokamak designed to achieve net energy gain (Q≥1), proving the viability of its fusion scheme at engineering scale.

Startorus is backed by a consortium of Chinese institutional investors, government development funds, and international venture capital. The company raised a record-breaking 1 billion yuan Series A in January 2026—the largest single financing round for a private Chinese fusion company—signaling strong institutional confidence in both its technology and China's fusion commercialization timeline. With over 140 employees, predominantly PhD-holders from China's top research institutions, Startorus operates from bases in Xi'an and Shanghai, with strategic partnerships with Tsinghua University and the Chinese Academy of Sciences. The company has been recognized as a 2025 Forbes Asia 100 company, a 2025 MIT Technology Review Smart Company, and multiple innovation awards from the Chinese government. As global competition in commercial fusion accelerates, Startorus stands among the most advanced startups in the sector by technical milestone achievement and capital deployment.

Keywords: nuclear fusion, spherical tokamak, magnetic reconnection, clean energy, deep tech, commercial fusion, grid power, superconducting magnets, plasma physics, energy transition, Xi'an, Shanghai, venture capital.

Company overview

Startorus Fusion company information

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Status
Operational
Founded
2021
Headquarters
China
Employees
Open positions
None listed
Dealroom signal
22.0
business modelManufacturingsectorOpen SourcesectorSpinoutsectorSustainable Development GoalssectorNuclear FusionsectorEnergy Infrastructure ProjectsectorClimate TechsectorMagnetic SensorssectorZero Emission FuelsectorSuperconductorssectorDT and LSsectorscience-basedindustryEnergyclient focusb2b

Valuation & funding

Startorus Fusion funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Jan 2026 $138M $550M Summitview Capital · Shenwan Hongyuan · Bank of China · Jiading Venture Capital
SEEDOther financing Jun 2022 $28M $110M Sequoia · Telescope Investment · Xi'an Zhongke Chuangxing Technology Incubator · Inno Angel
SPINOUTOther financing Oct 2021 $0 Tsinghua University
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Growth signals

Startorus Fusion website traffic

Latest recorded traffic for Startorus Fusion is 4.8K monthly website visits, up 389.8% over the last three months.

Latest monthly visits4.8K 3-month web change+389.8%
Monthly website visits7 observations · Jan 2026–Jul 2026
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Comparisons

Startorus Fusion compared with similar companies

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Talent graph

Startorus Fusion's talent

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Investors

22 investors on Startorus Fusion's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 12 investors entered at this stage
Sequoia
Telescope Investment
Xi'an Zhongke Chuangxing Technology Incubator
Inno Angel
Legend Star
Shunwei Capital
Oriza Holdings
MSA Capital
UnityVC
K2VC
Kunlun Fund
Huafang
Series A 9 investors entered at this stage
Bank of China
Jiading Venture Capital
Shanghai STVC Group
Summitview Capital
Shenwan Hongyuan
Hua Capital
Sunrise Capital
Yankuang Energy Group
CIMC Safeway Technologies
Other known 1 additional known investor
Tsinghua University

Global footprint

Where Startorus Fusion has talent and traffic

Workforce by country
🇨🇳 China HQ
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In the news

Latest news about Startorus Fusion

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Market sentiment

What the market is saying about Startorus Fusion

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