Daedal Systems Raises US$4.035M to Build Measurement Infrastructure for the Global Fusion Industry

EmitenTrust.com New financing will fund the first customer deployments of standardized plasma diagnostic systems, giving fusion developers faster access to higher-quality, third-party-validated data.

TORONTO, Sept. 28, 2026 /PRNewswire/ -- Daedal Systems, which develops standardized plasma measurement systems for the nuclear fusion industry, today announced it has raised US$4.035 million to industrialize its measurement platform and deploy its first diagnostic systems with pilot customers. OMERS Ventures led the round, with participation from Garage Capital, Panache Ventures, Ripple Ventures, MaRS Investment Accelerator Fund (IAF), and a group of angel investors.

Fusion developers need detailed plasma measurements to understand how their reactor designs perform. Companies typically build diagnostic systems in-house, even though measurement is not core reactor intellectual property. This duplicates work across the industry and diverts time, capital, and talent from the technologies that differentiate their reactors.

"After building and deploying plasma measurement systems at General Fusion, I saw the same challenge across the sector: every company needs high-quality diagnostics, but too much time and capital go into recreating similar systems in-house," said Henry Gould, founder and CEO of Daedal Systems. "Daedal was created to solve that problem by giving fusion companies access to standardized, high-quality plasma measurement systems that can improve the quality of their data and help them move faster toward commercialization."

Daedal will use the financing to build its first three diagnostic systems and deploy prototypes under contract with pilot customers. The company has a research partnership with the University of Wisconsin-Madison.

Delivered as a service, Daedal's platform can adapt to different fusion machines and reactor approaches. By producing higher-quality data faster and independently validating technical milestones for investors and partners, Daedal allows fusion companies to focus on reactor development while reducing their reliance on lengthy peer-review timelines.

"Advanced plasma diagnostics were among the key enabling technologies that led to ignition and target gain at the NIF" said Dr. Johan Frenje, a Technical Advisor to Daedal Systems, referring to National Ignition Facility's historic fusion-ignition demonstration in 2022. "As fusion technology advances in the private sector, measurement solutions designed specifically for private-sector needs will be essential."

"While fusion remains nascent, realizing its significant long-term potential will require a broader ecosystem of specialized companies and world-class expertise," said Brian Kobus, managing partner at OMERS Ventures. "By building the measurement infrastructure the industry needs, Daedal can strengthen that ecosystem and attract the expertise required to advance this important technology."

Initially, Daedal will serve the fusion industry, with a longer-term ambition to become a major instrumentation provider for commercial fusion power and other industries that require advanced measurement systems.

For more information, visit https://daedalsystems.com/.

About Daedal Systems
Daedal Systems builds standardized plasma measurement systems for the global fusion industry, enabling high-quality, fast-turnaround measurements and an accelerated path to fusion commercialization. Founded by Henry Gould, Daedal is based in Toronto.

About OMERS
OMERS is a jointly sponsored, defined benefit pension plan, with more than 1,000 participating employers ranging from large cities to local agencies, and 665,000 active, deferred and retired members. Our members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children's aid societies across Ontario. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – serving members and employers, and originating and managing a diversified portfolio of high-quality investments in government bonds, public and private credit, public and private equities, infrastructure and real estate.

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SOURCE Daedal Systems