General Fusion Raises USD$9 million
An SEC filing reveals that General Fusion has sold US$9 million out of $13.75 million offering. H/T to Xconomy for the details on this fund raising. General Fusion had been award C$13.9 million from the Canadian government. General Fusion is using the MTF (Magnetized Target Fusion) approach but with a new, patent pending and cost-effective …