First Light Fusion
Team size: 51 - 200
Sector: Energy
About First Light Fusion
Company revenue: US$ 100 - 500 million
Investors: Hambro Perks Ltd., Hostplus, IP Group, Oxford Science Enterprises, Tencent
Company stage: Series C Plus
First Light Fusion Ltd was spun out from the University of Oxford in July 2011, with seed capital from the IP Group plc, Parkwalk Advisors Ltd and a number of Angel investors. Until May 2014, the company was named Oxyntix Ltd. The company was founded by Professor Yiannis Ventikos, who is currently the Head of the Mechanical Engineering Department at University College, London, and Dr Nicholas Hawker, formerly an Engineering lecturer at Lady Margaret Hall, Oxford. Based in Oxford, First Light Fusion directly employs a team of engineers and physicists, as well as collaborating closely with a number of academic organisations, including the University of Oxford, Warwick University, UCL and Imperial College, London.