Sunday, May 8, 2011

General Fusion Gets Funds

General Fusion is getting funding to continue their experiments.
General Fusion Inc. has closed a US $19.5 million Series C round of financing led by Cenovus Energy Inc. (TSX/NYSE: CVE) with participation from Bezos Expeditions (Jeff Bezos), Chrysalix Energy Venture Capital, Working Opportunity Fund (EVCC) Ltd., Braemar Energy Ventures, Entrepreneurs Fund, BDC Venture Capital, and SET Venture Partners.
This is good news for the General Fusion guys.

You can read more about the General Fusion concept at Steampunk Fusion.

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