12 家公司、上百亿融资背后：国内“核聚变”赛道投资起风了

Group 1: Company Overview - China Fusion Energy Co., Ltd. has raised 11.49 billion RMB in funding, marking a significant entry into the public eye with a strong investor team [1][5] - The company was restructured in 2023 from China Nuclear Fuel Co. and is based in Shanghai, focusing on the commercialization of fusion energy using magnetic confinement Tokamak technology [5][6] - The funding round included major investments from China National Nuclear Corporation and Kunlun Capital, among others, forming a collaborative investment structure of state-owned and industrial capital [5][16] Group 2: Industry Insights - Fusion energy is considered the "ultimate energy" due to its high energy density, near-unlimited fuel supply, and minimal environmental impact, potentially addressing global energy shortages and climate change [3][20] - The domestic fusion energy sector has seen 19 public investment events, with a total estimated funding of 14.7 billion RMB, indicating strong capital interest in this emerging field [3][20] - Various companies, including Energy Singularity and Fusion New Energy, are also making strides in fusion technology, with significant funding and ambitious development timelines [4][7][9] Group 3: Investment Landscape - The influx of capital from state-owned enterprises and venture capital firms reflects a strategic push towards fusion technology development, with expectations of substantial market potential once commercialized [16][17][20] - Notable early-stage investors include Sequoia Capital and Inno Angel Fund, who recognize the transformative potential of fusion technology in the energy sector [17][18] - The participation of corporate venture capital, such as NIO Capital, highlights the intersection of fusion energy with the electric vehicle industry, aiming to provide clean energy solutions [18][19]