Research & Development

Shanghai Fund To Invest $1.4 Billion In State-Backed Nuclear Fusion Company

By David Dalton
10 April 2025

Firm has been formed to lead development of the technology

Shanghai Fund To Invest $1.4 Billion In State-Backed Nuclear Fusion Company
China is apart of the estimated International Thermonuclear Experimental Reactor nuclear fusion project in southern France. Courtesy Iter.
A $1.4bn (€1.2bn) fund created by the Shanghai government will invest in one of the nation’s ambitious “moonshot” projects, a state-backed firm attempting to harness nuclear fusion technology.

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