# First Light Fusion

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/first-light-fusion

- Industry: Renewable Energy
- Headquarters: Oxford, UK
- Website: www.firstlightfusion.com
- Total disclosed funding: $81M
- Latest round: Series C (Nov 26, 2021)
- Investors on record: 19

## About

First Light Fusion Ltd is an innovative company focused on advancing inertial fusion energy technologies, aiming to revolutionize the future of sustainable power generation and address global energy demands.First Light Fusion Ltd, founded in 2011 in Oxford, UK, specializes in inertial fusion energy technologies that could enable commercial fusion power plants. The company has not reported any significant pivots in strategy or operations. Yiannis Ventikos is the founder, and Nicholas Hawker is the current CEO. In April 2026, First Light Fusion Ltd raised GBP 25 million in venture funding led by East X, with participation from the UK Atomic Energy Authority and Longview Innovation. First Light Fusion specializes in developing innovative inertial fusion energy technologies designed to make commercial fusion power plants feasible. The company's core products leverage unique amplifier technology that simplifies future fusion energy systems while lowering power requirements. With artificial intelligence and simulation capabilities, First Light Fusion aims to efficiently address the growing global energy demand, focusing on markets in the United States, Europe, and Asia. Their clientele includes research institutions and energy companies interested in exploring fusion energy as a sustainable alternative. The company will use the April 2026 funding to accelerate the commercial development of its FLARE Fusion Energy concept.

## Funding rounds

- Series C, Nov 26, 2021, $44M — Hostplus, Byblos Ventures, Longview Innovation, Tencent Investment, Pictet Alternative Advisors, Oxford Sciences Enterprises, Puhua Capital, Braavos Ventures, S&W Partners Group Limited, Image Frame Investment (HK) Limited, GAP Technology Holding, Netherton Investments
- Series A, Sep 25, 2015, $12M — Longview Innovation, University of Oxford, Invesco Asset Management, Sandaire
- Series A, Aug 13, 2015, $23M — Mitsui Sumitomo Insurance Venture Capital, Longview Innovation, Pictet Alternative Advisors, University of Oxford, Invesco Asset Management, Oxford Science Enterprises PLC, S&W Partners Group Limited, Netherton Investments
- Seed, Jul 7, 2011, $1.6M — Longview Innovation, Parkwalk Advisors, Technikos

## Investors

- Longview Innovation (https://capitalatlas.ai/funds/longview-innovation) — Seed, Series A, Series C
- Parkwalk Advisors (https://capitalatlas.ai/funds/parkwalk-advisors) — Seed
- Technikos (https://capitalatlas.ai/funds/technikos) — Seed
- Mitsui Sumitomo Insurance Venture Capital (https://capitalatlas.ai/funds/mitsui-sumitomo-insurance-venture-capital) — Series A
- Pictet Alternative Advisors (https://capitalatlas.ai/funds/pictet-alternative-advisors) — Series A, Series C
- University of Oxford — Series A
- Invesco Asset Management — Series A
- Oxford Science Enterprises PLC — Series A
- S&W Partners Group Limited — Series A, Series C
- Netherton Investments — Series A, Series C
- Sandaire — Series A
- Hostplus — Series C
- Byblos Ventures (https://capitalatlas.ai/funds/byblos-ventures) — Series C
- Tencent Investment — Series C
- Oxford Sciences Enterprises (https://capitalatlas.ai/funds/oxford-sciences-enterprises) — Series C
- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Series C
- Braavos Ventures (https://capitalatlas.ai/funds/braavos-ventures) — Series C
- Image Frame Investment (HK) Limited — Series C
- GAP Technology Holding (https://capitalatlas.ai/funds/gap-technology-holding) — Series C