# Thor Times

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/thor-times

- Industry: Industrial Machinery
- Headquarters: Chengdu, China
- Latest round: Angel (Aug 25, 2026)
- Investors on record: 2

## About

Based in Sichuan, China and founded in 2025, Thor Times Technology (Chengdu) Co., Ltd., trading as Thor Times, provides neutral beam injection systems for magnetic-confinement nuclear fusion research and commercial fusion devices. The company was founded by Guangjiu Lei, an NBI specialist who previously led the development of China’s first 1.1-megawatt neutral beam injector. In August 2026, it closed an Angel funding round co-led by new investors Casstar Capital and Oriza Holdings. Thor Times works with fusion research institutions and commercial fusion developers to provide high-power, high-stability NBI heating systems and engineering integration services. Its technology portfolio covers arc-discharge positive-ion sources, radio-frequency positive-ion sources, and radio-frequency negative-ion sources. The company provides full-stack capabilities spanning system development, equipment manufacturing, onsite assembly, and operations and maintenance. The company’s revenue is generated by developing, manufacturing, integrating, and delivering customized NBI systems for fusion devices. The company will use the  Angel funding for NBI technology route iteration, tackling key technologies of radio frequency negative ion sources, iterative upgrades of mass production equipment, and building engineering delivery capabilities.

## Funding rounds

- Angel, Aug 25, 2026 — Oriza Holdings, Casstar Capital

## Investors

- Oriza Holdings (https://capitalatlas.ai/funds/oriza-holdings) — Angel
- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Angel