Shanghai fusion energy private enterprise once again achieves a new high in single financing.

Recently, Nova Fusion Energy Technology Co., Ltd. completed a 500 million yuan angel round financing, setting a new record for single financing in the domestic private nuclear fusion industry. Among the investment institutions involved are both state-owned capital such as the Social Security Fund and Zhongguancun Innovation Fund, and social capital such as Junlian Capital and Lightspeed Photosynthesis. These institutions are optimistic about Nova Fusion's "field reverse injection + magnetic compression" technology route, and support the company's research and development of small-scale, modular, and distributively deployable nuclear fusion power plants.