Diligence memo · auto-generated · as of July 2, 2026

General Fusion Inc.

General Fusion Inc. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

General Fusion Inc. operates in Other Energy, based in Richmond.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

General Fusion Inc. has raised $56M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $38M on 2025-11-19.

Most recent recorded round closed around 2026-01-30.

Valuation (modeled)modeled

Provath models General Fusion Inc. at approximately $1.4M (range $831K–$1.8M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.01× the median modeled value of Series B Other Energy companies in 2025–2027 (25 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 22 months.

Last raise 5 mo ago; this sector typically re-raises about every 12 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 109.1× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 91% of Other Energy peers (2049 compared).

Modeled value ranks above 5% of those peers.

Closest niche peers: American Resources Corp, Realta Fusion Inc., e2 Companies LLC, Sinda Ltd., Cig Cs3, Llc.

Peoplefiled

24 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.