# Nova Fusion X

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nova-fusion-x

- Industry: Power & Utilities
- Headquarters: Shanghai, China
- Total disclosed funding: $172M
- Latest round: Angel (Apr 10, 2026)
- Investors on record: 11

## About

Founded in 2025 and based in Shanghai, China, Nova Fusion Energy Technology (Shanghai) Co., Ltd., trading as Nova Fusion X, is a high-tech innovation company focus on the commercialization of small modular nuclear fusion. In August 2026, Nova Fusion raised a total of CNY 1.2 billion in Pre-series A and Pre-series A+ fundings 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 company develops small modular nuclear fusion reactors to provide safe, zero-carbon, cost-effective distributed energy solutions for the world.

Nova Fusion generates revenue through research and provides products related to nuclear reactors and clean energy generation.

The company will use the latest funding to simultaneously advance the verification of Q>1 net fusion energy output and the supporting commercial power plant.

## Funding rounds

- Angel, Apr 10, 2026, $102M — Legend Capital, Hillhouse Investment, Gaorong Ventures, Long Z Investment, Ubiquant Investment, Luminous Ventures, Shang Qi Capital, Huichuang Xin Capital
- Angel, Aug 1, 2025, $69M — Legend Capital, T-Capital, Gaorong Ventures, Future Capital Discovery Advisory (Hong Kong) Limited, Linchuang Capital, Luminous Ventures

## Investors

- Legend Capital — Angel
- T-Capital — Angel
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Angel
- Future Capital Discovery Advisory (Hong Kong) Limited (https://capitalatlas.ai/funds/future-capital-discovery-advisory-hong-kong-limited) — Angel
- Linchuang Capital (https://capitalatlas.ai/funds/linchuang-capital) — Angel
- Luminous Ventures — Angel
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Angel
- Long Z Investment (https://capitalatlas.ai/funds/long-z-investment) — Angel
- Ubiquant Investment — Angel
- Shang Qi Capital (https://capitalatlas.ai/funds/shang-qi-capital) — Angel
- Huichuang Xin Capital (https://capitalatlas.ai/funds/huichuang-xin-capital) — Angel