近日，诺瓦聚变能源科技（上海）有限公司完成5亿元天使轮融资，创下国内民营核聚变企业单笔融资 新高。在投资机构中，既有社保基金中关村自主创新专项基金、临港科创投等国有资本，也有君联资 本、光速光合等社会资本。这些机构都看好诺瓦聚变的"场反位形+磁压缩"技术路线，支持公司研发小 型化、模块化、可分布式部署的核聚变电站。 "我们研发的FRC（场反位形）装置，功率不是很高。"周健坦言，所以诺瓦聚变的目标是打造小型分布 式聚变电站，在2030—2034年实现50兆瓦示范发电，为人工智能算力中心、园区、小岛等场所提供清洁 能源。 核聚变创业团队为何选择上海 此前国内民营核聚变企业单笔融资的最高纪录，也是由上海企业创造——2022年，能量奇点完成近4亿 元天使轮融资，沿着磁约束技术路线，研发高温超导托卡马克装置。 市科委介绍，上海正在建设具有全球影响力的聚变能源创新高地，已形成创业团队多、技术路线全、融 资氛围浓、人才密度高的产业生态。 用场反位形打造小型聚变电站 聚变能源俗称"人造太阳"，已成为全球竞相布局的新赛道。目前，实现可控核聚变的技术路线可分为磁 约束、惯性约束、磁-惯性约束。磁约束技术的主流装置是一种名为"托卡 ...

Core Insights - Nova Fusion Energy Technology (Shanghai) Co., Ltd. has completed a 500 million RMB angel round financing led by the Social Security Fund Zhongguancun Independent Innovation Special Fund, with participation from several venture capital firms [2][4] Company Overview - Founded in April 2025 in Shanghai, Nova Fusion is the first domestic company focused on the commercialization of small modular nuclear fusion technology, leveraging "nuclear fusion + artificial intelligence" to develop a safe, zero-carbon, and distributable energy system [3] Financing Purpose - The funds from this round will be used for three main purposes: 1. To enhance the R&D of core technologies for small modular fusion reactors, aiming for engineering validation by 2027 2. To expand the Shanghai Lingang experimental base and the supply chain capacity in the Yangtze River Delta, achieving over 90% localization of key components 3. To strategically enter overseas distributed energy markets and collaborate with countries along the "Belt and Road" initiative to build demonstration power plants [4] Investment Rationale - The investment is driven by Nova Fusion's unique interdisciplinary team specializing in high-temperature plasma, superconducting magnets, and AI control, which positions the company closer to commercial viability compared to traditional Tokamak designs. Additionally, supportive policies from the National Energy Administration and the Shanghai municipal government provide a favorable environment for the project's development [5] Investment Ecosystem Insights - There is a strong push from various government levels to encourage the commercialization of fusion energy, with local governments offering incentives such as land, electricity pricing, and research subsidies. The management emphasizes the importance of maintaining a focus on technology validation, supply chain security, and the pace of commercialization. Nova Fusion's innovative approach to integrating AI into extreme condition control reflects the spirit of Chinese hard-tech entrepreneurs [6]