About this raise

LPPFusion, with a valuation of $85.76 million, is raising funds on Wefunder. The company is developing the densest form of fusion energy, which recreates the power of the sun on Earth. LPPFusion’s technology is focused, safe, clean, and cheap, and it has reported the highest fusion energy output per unit of energy input and highest plasma purity compared to any private fusion experiment. The technology has several patents issued and aims to replace fossil fuels with cheap and zero-pollution fusion energy. Eric J. Lerner founded LPPFusion in May 2003. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4.8 million. The campaign proceeds will be used for personnel, new equipment, hiring, engineering development, reserves, and setting up a second laboratory outside the US.

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Investment Overview

Committed this round: $38,135

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
03/07/2025
Close Date
07/07/2025
Min. Goal
$50,000
Max Goal
$4,759,400
Min. Investment

$100

Security Type

Equity - Preferred

Series

Series B

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$25.00

Pre-Money Valuation

$85,755,000

Company & Team

Company

Year Founded
2003
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
LAWRENCEVILLE PLASMA PHYSICS, INC., New Jersey
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Eric Lerner
Title
President

Financials

as of February 1, 2025
 Revenue
$0
 Monthly Burn
$96,700
 Runway
2.5 months

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$0

$0

COGS

$0

$0

Tax

$1,162

$742

 

 

Net Income

$-805,626

$-537,119

Summary Balance Sheet

FY 2024 FY 2023

Cash

$716,939

$14,864

Accounts Receivable

$0

$0

Total Assets

$1,074,977

$411,739

Short-Term Debt

$62,090

$75,038

Long-Term Debt

$33,950

$58,394

Total Liabilities

$96,040

$133,432

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$11,344,885
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/07/2025 Wefunder $85,755,000 $38,135 Equity - Preferred Active RegCF
12/16/2024 StartEngine $84,427,750 $33,405 Equity - Common Not Funded RegCF
09/15/2024 Wefunder $74,300,000 $550,578 Equity - Common Funded RegCF / RegD 506(c)
12/15/2023 Wefunder $67,920,000 $477,859 Equity - Common Funded RegCF
12/09/2022 Wefunder $68,753,200 $311,759 Equity - Common Funded RegCF
08/15/2021 Wefunder $49,000,000 $615,750 Equity - Common Funded RegCF
02/29/2020 Wefunder $49,000,000 $575,750 Equity - Common Funded RegCF
04/30/2018 Wefunder $37,525,500 $996,250 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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LPPFusion on Wefunder 2025
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $85,755,000
Price per Share: $25.00

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