Amazon founder invests millions into B.C. startup General Fusion

Jeff Bezos, the founder and CEO of online retailing giant Amazon, has joined a group of investors giving $20 million to General Fusion, a B.C. startup in the nuclear fusion space.

The company is developing technology which should enable the ability to build power plants using magnetized target fusion technology at a cost lower than that of using conventional approaches.

Also putting up money in this Series B funding round are Cenovus Energy, Chrysalix Energy, GrowthWorks, and others.