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EX-Fusion

Fusion Machine Developer
Funding (Investment): 4Funding (Nondilutive): 1
EX-Fusion logo

Founding Year

2021

Locations

Japan flag Osaka, Japan

United States flag San Francisco, California, United States

Japan flag 浜松市, Shizuoka, Japan

Company Founders

Kazuki Matsuo

Shinsuke Fujioka

Yoshitaka Mori

Leadership

Kazuki Matsuo, CEO

Yoshitaka Mori, CTO

Website

ex-fusion.com

EX-Fusion is a laser fusion energy company developing a gigawatt-scale power plant based on high-repetition-rate, direct-drive fast ignition. Spun out of Osaka University, the team includes pioneers of the Fast Ignition Realization Experiment (FIREX) and holds world-leading records in fast ignition physics. In 2024, EX-Fusion became the first company to demonstrate continuous 10 Hz target engagement, one of the key engineering milestones for commercial inertial fusion. The company has raised over $60M and benefits from strong public–private support in Japan, where first-of-a-kind deployment is planned.

Provided by EX-Fusion

Funding Received (Investment)

June 4, 2025

round

$18,100,000

FundersMitsubishi UFJ CapitalSMBC Venture Capital

+ 2 More

AnnouncementEX-Fusion secures $18.1m funding for nuclear fusion development

July 5, 2023

roundSeed

$12,095,954

FundersLeave a Nest CapitalSMBC Venture Capital

+ 9 More

AnnouncementSeed: Japanese Laser Fusion Company, EX-Fusion, Raises $1.8 billion yen as Seed Round with Plans to Advance Laser Fusion Research and Development

April 17, 2022

roundPre-seed

$1,027,000

FundersOsaka University Venture CaptialANRI
AnnouncementPre-seed

January 25, 2022

roundSeed

$871,000

FundersANRI
AnnouncementSeed

Funding Received (Nondilutive)

September 9, 2025

programINFUSE
FundersFusion Energy Sciences (FES)
AnnouncementINFUSE: Evaluating the impact of lead-lithium purity on tritium transport
EX-Fusion logo

Founding Year

2021

Locations

Japan flag Osaka, Japan

United States flag San Francisco, California, United States

Japan flag 浜松市, Shizuoka, Japan

Company Founders

Kazuki Matsuo

Shinsuke Fujioka

Yoshitaka Mori

Leadership

Kazuki Matsuo, CEO

Yoshitaka Mori, CTO

Website

ex-fusion.com

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