MCJ's Investment in Pacific Fusion for Affordable Fusion Energy

MCJ announced its Series A investment in Pacific Fusion, a startup focused on pulsed magnetic fusion technology for clean energy.

• Pacific Fusion, founded in 2023 in Fremont, California, builds on the 2022 NIF fusion ignition breakthrough using pulsed magnetic compression of fuel-filled metal cylinders.
• The technology aims for 100-fold higher energy gain than NIF at less than 10% cost, enabling affordable fusion power at scale.
• The Series A round is led by General Catalyst, with participation from Breakthrough Energy Ventures, Eric Schmidt, and Patrick Collison.
• Key leadership includes President Will Regan, Founding CEO Eric S. Lander, CTO Keith LeChien, and Senior Founding Engineer Leland Ellison with deep fusion and plasma physics expertise.
• Pacific Fusion’s path to “net facility gain” could enable commercialization in electrical power generation and high-heat industrial applications.

This investment marks a strategic bet on breakthroughs enabling practical fusion power deployment.