Months after shedding staff and scaling back its operations amid fundraising challenges, General Fusion’s public plea for investment has been answered with a new financing.

More than three months after announcing layoffs and issuing a public letter asking for money, General Fusion has raised $22 million.

General Fusion has closed US$22 million (C$30 million) in new financing to support its LM26 fusion demonstration program and advance its mission to transform the world’s energy supply with zero-carbon ...

As global markets continue to react to U.S. inflation data and the prospect of a Federal Reserve rate cut, small-cap stocks have been leading gains, with the Russell 2000 Index outperforming larger ...