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Nova Fusion X develops small modular nuclear fusion reactors for distributed energy generation.
Founded in 2025 and based in Shanghai, China, Nova Fusion X develops small modular fusion reactors for zero-carbon distributed energy. In August 2026, the company raised CNY 1.2 billion across Pre-series A and Pre-series A+ rounds from Long Z Investment, GL Ventures, Legend Capital, Gaorong Ventures, Luminous Ventures, T- Capital, Lenovo Capital and Incubator Group, Shenzhen Guozhong Venture Capital, and other investors. The funding is intended to advance net fusion energy verification and a commercial power plant.
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