General Fusion to go public on Nasdaq via $1-billion USD SPAC deal
BC company claims it will be the first publicly traded pure-play fusion company.
BC company claims it will be the first publicly traded pure-play fusion company.
Investors reportedly pushing company toward public markets as race for fusion power intensifies.
CEO’s public plea answered as company resumes advancement of its fusion demonstration program.
Online used car retailer gears up to scale its presence in Richmond over the next two years.
Amid scrutiny of its labour practices, BC gig work company has raised over $200 million in about a year.
Trade tensions and hesitant investors threw the company into uncertainty.
Bob Smith will serve as a strategic advisor as the Canadian firm moves toward commercialization.
The company hopes to commercialize energy from fusion in the next decade.
Three-year revenue growth of nearly 13,000 percent earned the startup a spot on Deloitte’s Technology Fast 50.
BC and Alberta companies to receive funding include WaitWell, Avanti, and Ideon Technologies.
DIGITAL said its investment joins an additional $106 million of industry partner backing.
Partners in the $44-million project include ORX, Well Health, Healwell AI, Tali AI, and Simon Fraser University.
The last-mile service secured just over $45 million CAD in Series B funding last year.
Saltworks, MintList, and Novarc Technologies all receive funding for expansion and commercialization.
Ideon’s platform enables mining companies to “drill less and discover more.”