General Fusion Layoffs Amid Funding Crisis
Monday, May 5, 2025, 4:20 pm
General Fusion finds itself in troubled waters as job cuts and a funding shortfall force the fusion startup to scramble for new capital. The beleaguered company’s struggles underscore the inherent challenges of financing breakthrough energy innovations in today’s market.
Bluesky: @techcrunch.com
CEO Greg Twiney posted an open letter on the company’s website today pleading for money.
Trade tensions and hesitant investors threw the company into uncertainty. The post General Fusion lays off staff, looks for funding as capital suddenly runs dry first appeared on BetaKit.
permalink / 2 stories from sources in 2 days ago #startups #energy #finance #jobs
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