Nova Fusion Energy Technology Co., Ltd. has completed Pre-A series financing totaling 1.2 billion yuan. So far, within 16 months of its establishment, Nova Fusion has completed three rounds of financing for the 500 million yuan angel round, 700 million yuan angel+ round, and 1.2 billion yuan Pre-A series. The cumulative financing scale reached 2.4 billion yuan, and the post-investment valuation exceeded 10 billion yuan, breaking the three records of domestic private nuclear fusion circuit financing scale, speed and valuation. The company's valuation ranks first among domestic private nuclear fusion enterprises. In this Pre-A series of financing, Meituan Dragon Ball and Gao Lin Venture Capital continued to increase their layout, and Lenovo Venture Capital and China Capital entered the market as new strategic investors. “Nova 1” has completed engineering design and core component development, and has fully moved into the final assembly integration stage. The team is sprinting for the first plasma discharge at the end of 2026. The goal is to be the first domestic private enterprise to achieve a fusion temperature of 100 million degrees Celsius.

Nova Fusion Energy Technology Co., Ltd. has completed Pre-A series financing totaling 1.2 billion yuan. So far, within 16 months of its establishment, Nova Fusion has completed three rounds of financing for the 500 million yuan angel round, 700 million yuan angel+ round, and 1.2 billion yuan Pre-A series. The cumulative financing scale reached 2.4 billion yuan, and the post-investment valuation exceeded 10 billion yuan, breaking the three records of domestic private nuclear fusion circuit financing scale, speed and valuation. The company's valuation ranks first among domestic private nuclear fusion enterprises. In this Pre-A series of financing, Meituan Dragon Ball and Gao Lin Venture Capital continued to increase their layout, and Lenovo Venture Capital and China Capital entered the market as new strategic investors. “Nova 1” has completed engineering design and core component development, and has fully moved into the final assembly integration stage. The team is sprinting for the first plasma discharge at the end of 2026. The goal is to be the first domestic private enterprise to achieve a fusion temperature of 100 million degrees Celsius.