Yanfusion Completes Pre-A Funding Round Worth Hundreds of Millions of Yuan; Shanghai Superconductor to Supply REBCO Tapes for Its YF-1 Stellarator
2026-10-14
Yanfusion recently announced the completion of a Pre-A funding round worth hundreds of millions of yuan, jointly invested by Yanshan Technology, Hongyuan Investment Group, Wanlian Guangsheng, Hongshan Capital and others. To date, Yanfusion has successfully mastered stellarator CICC three-dimensional superconducting magnet technology. As a core supplier, Shanghai Superconductor will supply REBCO superconducting tapes for the YF-1 stellarator.
The superconducting magnet system is the core component that determines the overall performance and construction cost of a stellarator device, and it therefore places stringent requirements on the performance of superconducting tapes. Shanghai Superconductor's tape products can fully meet the YF-1 stellarator project's requirements for large-volume supply and for high stability and high consistency under working conditions such as bending and twisting. Leveraging its own technical accumulation and product R&D capabilities, Shanghai Superconductor will continue to provide high-performance core material support for the development of fusion devices at home and abroad, helping to advance the R&D iteration and engineering validation of key controlled nuclear fusion technologies.
