Juheti Fusion has completed a multi-million angel round of financing, with participation from Hillhouse Ventures, Sequoia Capital China, and others.

On June 25th, Hefei Gather Fusion Technology Co., Ltd. announced that it has completed a billion-yuan angel round of financing. This round of investors includes Hillhouse Capital, Sequoia China, Tus-Holdings, Hefei Guantou Industrial Investment Fund's Hefei Innovation Investment, Baidu Ventures, and Guoyuan Equity under Guoyuan Securities. This round of funding will focus on FRC pulse magnetic confinement fusion device iterative research and development, core key components independent research and development, engineering system construction and expansion of high-end talent team, further promoting the systematic engineering landing of FRC pulse magnetic confinement fusion technology.