32 BCBUSINESS JANUARY/FEBRUARY 2021
Burnaby-headquartered
General Fusion has achieved
a few firsts in its decades-long
quest to harness the as yet
untapped power of nuclear
fusion, such as building
the world's largest plasma
injector. (Plasma is the ionized
hydrogen gas that fuels the
emission-free reaction, which
is roughly the reverse of what
happens in a conventional
nuclear fission plant.) Already
counting Amazon.com founder
Jeff Bezos among its backers,
the company, now with 70-
plus employees, accepted a
further undisclosed sum from
Singaporean sovereign wealth
fund
GIC Private, Maryland-
based technology fund
IBX and
an unnamed Asian financial
institution last July to help build
its planned Fusion Demonstra-
tion Plant. The infusion of capi-
tal coincided with the elevation
of longtime director Klaas de
Boer, managing partner of the
London-based Entrepreneurs
Fund, to chair of the board.
And in November the company
announced that U.K. architec-
ture firm
AL_A would design the
plant, to be built by Mississauga,
Ont.-based Hatch at a location
to be determined. –M.M.
C L E A N T E C H
Unlimite d Energ y
PA RT
T WO
