About First Light Fusion
First Light Fusion is a company based in Oxford (United Kingdom) founded in 2011 by Andreas Lusch.. First Light Fusion has raised $105.4 million across 4 funding rounds from investors including Tencent, Hostplus and IP Group. The company has 66 employees as of March 31, 2022. First Light Fusion offers products and services including Amplifier Technology and AI and Simulation. First Light Fusion operates in a competitive market with competitors including Helion, TAE Technologies, General Fusion, SHINE Technologies and Phoenix, among others.
- Headquarter Oxford, United Kingdom
- Employees 66 as on 31 Mar, 2022
- Founders Andreas Lusch
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name First Light Fusion Limited
- Date of Incorporation 08 Mar, 2011
- Jurisdiction KIDLINGTON, OXFORDSHIRE, ENGLAND
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Annual Revenue
$284.32 K (USD)0as on Mar 31, 2022
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Net Profit
$-11.37 M (USD)-61as on Mar 31, 2022
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EBITDA
$-14.07 M (USD)-61as on Mar 31, 2022
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Total Equity Funding
$105.4 M (USD)
in 4 rounds
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Latest Funding Round
$45 M (USD), Series C
Feb 14, 2022
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Investors
Tencent
& 7 more
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Employee Count
66
as on Mar 31, 2022
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Products & Services of First Light Fusion
First Light Fusion offers a comprehensive portfolio of products and services, including Amplifier Technology and AI and Simulation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enhances power for feasible commercial fusion energy plants
Accelerates fusion development through advanced simulations
Funding Insights of First Light Fusion
First Light Fusion has successfully raised a total of $105.4M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $45 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $45.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series C - First Light Fusion | Valuation | IP Group , Oxford Science Enterprises | |
| Dec, 2020 | Amount | Series B - First Light Fusion | Valuation | Oxford Science Enterprises , Hostplus | |
| Aug, 2015 | Amount | Series B - First Light Fusion | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in First Light Fusion
First Light Fusion has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, Hostplus and IP Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital and advisory services are offered across multiple sectors.
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Investment management services for science ventures are provided in Oxford.
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Braavos is associated with multiple companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by First Light Fusion
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - First Light Fusion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
First Light Fusion Comparisons
Competitors of First Light Fusion
First Light Fusion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Helion, TAE Technologies, General Fusion, SHINE Technologies and Phoenix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Deuterium-based magnetic-nuclear fusion reactors are developed for power generation.
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FRC nuclear fusion reactors are developed using advanced beam technology.
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Magnetized nuclear fusion reactors are developed for energy production.
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Nuclear isotopes are produced using fusion techniques.
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Hydrogen-based nuclear fusion reactors are developed for power generation.
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Nuclear energy projects are developed in Everett, United States.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on First Light Fusion
Frequently Asked Questions about First Light Fusion
When was First Light Fusion founded?
First Light Fusion was founded in 2011.
Where is First Light Fusion located?
First Light Fusion is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
Is First Light Fusion a funded company?
First Light Fusion is a funded company, having raised a total of $105.4M across 4 funding rounds to date. The company's 1st funding round was a Series B of $35.4M, raised on Jul 01, 2011.
How many employees does First Light Fusion have?
As of Mar 31, 2022, the latest employee count at First Light Fusion is 66.
What is the annual revenue of First Light Fusion?
Annual revenue of First Light Fusion is $284.32K as on Mar 31, 2022.
What does First Light Fusion do?
First Light Fusion was established in 2011 in Oxford, United Kingdom, within the nuclear fusion sector. Inertial confinement fusion methods are pursued by the company, focusing on symmetrical implosion of helium derived from water. Temperatures comparable to the suns core are generated through this reaction, with resulting heat directed toward electricity generation. Operations emphasize research and development in clean energy technologies.
Who are the top competitors of First Light Fusion?
First Light Fusion's top competitors include Helion, TAE Technologies and General Fusion.
What products or services does First Light Fusion offer?
First Light Fusion offers Amplifier Technology and AI and Simulation.
Who are First Light Fusion's investors?
First Light Fusion has 8 investors. Key investors include Tencent, Hostplus, IP Group, Salica Investments, and Oxford Science Enterprises.