Skip to main content
spacbrain

General Fusion Group

Closed (deSPAC)

Energy · commercial fusion energy technology · founded 2002

What it is
Fusion General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Vancouver, Canada
What it’s doing now
Merging with Spring Valley Acquisition Corp. III (SVAC) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Fusion General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Vancouver, Canada. The Company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com .

Source: 425, accession 0001104659-26-080880

What the company says about itself

Web research — not audited

General Fusion is a fusion energy company bringing practical Magnetized Target Fusion (MTF) to market. The company operates the LM26 large-scale demonstration machine in Vancouver and aims to produce a first-of-a-kind fusion plant in the mid-2030s. It recently completed a business combination with Spring Valley Acquisition Corp. III to become a publicly listed company.

Markets:
Energy | Fusion Energy
Products:
Magnetized Target Fusion (MTF) | LM26
Customers:
Renexia
What our web check found

[WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The reverse-takeover merger is set to close "on or about" July 10, according to General Fusion." [https://www.biv.com/news/technology/general-fusion-spring-valley-shareholders-approve-merger-12519219] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "SVAC proposes a business combination to merge with General Fusion under an agreement dated January 21, 2026." [https://www.stocktitan.net/sec-filings/SVAC/425-spring-valley-acquisition-corp-iii-business-combination-communica-aac4331a19c4.html] [WEB-INTEL 2026-08-26] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "SVAC proposes a business combination to merge with General Fusion under an agreement dated January 21, 2026." [https://www.stocktitan.net/sec-filings/SVAC/425-spring-valley-acquisition-corp-iii-business-combination-communica-aac4331a19c4.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The reverse-takeover merger is set to close "on or about" July 10, according to General Fusion." [https://www.biv.com/news/technology/general-fusion-spring-valley-shareholders-approve-merger-12519219] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "General Fusion Completes Business Combination with Spring Valley Acquisition Corp. III. July 10, 2026." [https://generalfusion.com/post/general-fusion-completes-business-combination-with-spring-valley-acquisition-corp-iii/]

Source: https://generalfusion.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

General Fusion Group is merging with Spring Valley Acquisition Corp. III (SVAC) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $108M · unsourced

Structure per SEC accession(s) 0001104659-26-019148. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is General Fusion Group going public?

General Fusion Group has an approved merger with the SPAC Spring Valley Acquisition Corp. III (SVAC). Deal status: Closed (deSPAC).

Does General Fusion Group have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

Other energy deals
Same sponsor’s other SPACs
  • SVIV — Spring Valley Acquisition IV · Searching