On August 1, Nova Fusion proudly announced the successful completion of an angel funding round totaling RMB 500 million, marking a new milestone in the single-round funding landscape for domestic private fusion companies. This impressive round was backed by an esteemed group of investors and institutions, including the National Council for Social Security Fund's Zhongguancun Independent Innovation Special Fund, Legend Capital, Lightspeed China Partners, Gaorong Capital, Hua Kong Capital, Mingshi Capital, and Lingang Venture Capital. The proceeds from this funding will be strategically directed towards the research and development of China's pioneering small modular nuclear fusion reactor, with the ambitious goal of addressing the power demands of AI technologies. This substantial investment underscores the market's robust confidence and high expectations in the potential of nuclear fusion technology.