Nova Fusion Energy Technology (Shanghai) Co., Ltd. has recently announced the successful conclusion of a groundbreaking 500 million yuan angel round of funding, establishing a new benchmark for domestic private nuclear fusion enterprises in single-round funding. This significant round attracted a diverse array of investors, including state-owned capital from entities like the Zhongguancun Independent Innovation Special Fund under the National Council for Social Security Fund and Lingang Science and Technology Venture Capital, alongside social capital heavyweights such as Legend Capital and Lightspeed China Partners. Investment institutions universally express optimism about Nova Fusion's innovative "Field-Reversed Configuration + Magnetic Compression" technology roadmap. The funding will be instrumental in advancing the company's efforts to develop miniaturized, modular, and distributable nuclear fusion power stations.