Home / General / Struggling fusion power company General Fusion to go public via $1B reverse merger

Struggling fusion power company General Fusion to go public via $1B reverse merger

General Fusion’s merger with an acquisition company will net the company over $300 million. Just last year, the company ran into trouble raising money from other investors.

Last year, fusion power startup General Fusion was struggling to raise funds, laying off at least 25% of its staff before receiving a $22 million lifeline investment while it figured out how to keep the company afloat.
Today, General Fusion revealed … [3652 chars]

Source: TechCrunch | Published: 2026-01-22T17:00:25Z

Credit: TechCrunch

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