核聚变领域成为资本关注的又一风口赛道！ 8月1日，诺瓦聚变能源科技（上海）有限公司（以下简称"诺瓦聚变"）宣布完成5亿元天使轮融资，创下国内民营核聚变公司单笔融资新高。 诺瓦聚变聚焦研发小型化、模块化、可分布式部署的经济型核聚变电站（ FRC-SMR ），填补了国内核聚变小型模块化反应堆（SMR）技术路线的空白，正加速 推动我国自主核聚变技术从科研走向产业化的跨越。 产业资本、国有基金联合投资 诺瓦聚变成立于2025年4月，是中国首家专注于小型模块化核聚变商业化的高科技创新企业，其创始人郭后扬曾担任能量奇点联合创始人与首席技术官。公开信息 显示，郭后扬目前还担任上海市未来产业先进核能专家委员会副主任。 成立仅4个月，诺瓦聚变即完成天使轮融资。根据该公司披露，该轮融资由产业资本、社会资本及国有基金联手投资，包括社保基金中关村自主创新专项基金（君 联资本担任管理人）、君联资本、光速光合、高榕创投、华控基金、明势创投以及临港科创投等机构。 光速光合合伙人朱嘉表示，诺瓦聚变所采取的技术路线具备低成本、模块化等优势，有机会更快实现商业化落地，光速光合在美国投资的Helion Energy也是同样的 技术路线。"我们相信 ...

Investment Rating - Industry rating is "Outperform the Market" (maintained rating) [5] Core Insights - The establishment of China Fusion Energy Co., Ltd. marks a significant step in the domestic nuclear fusion industry, with a registered capital of 11.469 billion yuan. The company aims to transition nuclear fusion technology from research to engineering applications [1] - The global investment landscape in nuclear fusion is heating up, with the US and China leading in equity financing. As of July 2025, US fusion companies have attracted approximately $6.28 billion, while Chinese companies have secured around $2.79 billion [2] - Various companies are making substantial investments in nuclear fusion technology, including New Hope Group, which has invested about 4 billion yuan since 2017, and several startups collaborating with public channels for funding [2] Summary by Sections Section 1: Company Establishment - China Fusion Energy Co., Ltd. was officially established on July 22 in Shanghai, with significant backing from state-owned enterprises and private capital [1] - The company will focus on overall design, technology validation, and digital R&D, aiming to build a technology research platform and a capital operation platform [1] Section 2: Investment Trends - The report highlights a surge in investments in nuclear fusion, with notable contributions from both state-owned and private enterprises in China [2] - Key players in the US, such as Helion and Commonwealth Fusion Systems, have also secured significant funding, indicating a competitive landscape [2] Section 3: Recommended Companies - The report suggests monitoring several companies involved in the nuclear fusion supply chain, including: - Lianchuang Optoelectronics, a leading supplier of high-temperature superconducting magnets - Yongding Co., a major supplier of high-temperature superconducting strips - Guoguang Electric, which provides various components for controllable nuclear fusion devices [3]