5 Most Advanced Countries in Nuclear Fusion

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In this article, we take a look at the 5 most advanced countries in nuclear fusion. If you want to check out our detailed analysis of recent developments in fusion energy, go directly to 10 Most Advanced Countries in Nuclear Fusion.

5. Canada

Startups Ranking: 2

Research-Projects Ranking: 6

Average Ranking: 4

Canada is one of the most advanced countries in nuclear fusion. There are currently two startups operating in Canada, namely, General Fusion and Fusion Energy Technologies. In the latest financing in November, 2021, General Fusion has raised $132 million in Series E funding of later stage venture capital, as per Pitchbook.

The company is developing a magnetized-target-fusion power plant based on the concept of spherical liquid metal piston compression. Some of its top investors include Thistledown Capital, Temasek and Business Development Bank of Canada. 

In addition to startups, there are five ongoing research projects in Canada, being carried out at the University of Saskatchewan.

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