LPPFusion
Raising nowOperatingLAWRENCEVILLE PLASMA PHYSICS INC
Energy & Cleantech · Middlesex, NJ · Founded 2003
Cheap, safe, and clean energy generator: the power of the sun recreated on Earth
This company has an open fundraising round.
Financials
FY2015–FY2025 · from SEC filings · hover any figure for its sourceChart shows the most recent 8 fiscal years; 3 earlier years are in the table below.
Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Pre-money — the valuation set before each round’s money came inBlue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.
Cap table
Share counts as of Sep 30, 2025| Class | Outstanding | Votes / share | Share of total | Votes | Last price |
|---|---|---|---|---|---|
| Class B non-voting | 3,356,411 | none | 100.0% | 0% | $30.00Jul 2026 |
| Class A voting | 1 | — | 0% | 100.0% | — |
| Total | 3,356,412 | 100% | 100% |
Shares outstanding over timein today's share terms
Principal holders% as the filing states it, Jul 6, 2026
- Eric J. Lerner50%+of votes
Sold to the crowd
- Reg CF · Nov 20178,362 shares at $125.00$1M
- Reg CF · Nov 20194,602 Class B Common Stock at $125.00$575.3K· 270 investors
- Reg CF · Mar 20214,079 shares at $150.00$611.9K· 776 investors
- Reg CF · Jul 20221,232 shares at $200.00$246.4K· 308 investors
- Reg CF · Jun 20232,309 shares at $200.00$461.9K· 590 investors
- Reg CF · Mar 202410,526 shares at $22.00$231.6K· 273 investors
- Reg CF · Mar 202521,016 shares at $25.00$525.4K
- Reg CF · Jul 202610,554 Equity at $30.00$316.6K· 292 investors
From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.
Fundraising history
Team
9 people
A leading physicist in dense plasma focus research for 40 years. Eric developed an original model of the role of the quantum magnetic field effect and has pioneered in the application of astrophysical results to fusion energy research.
Ivy has been with LPPFusion for twelve years. She manages IT work, directs the company's PR and communications, and writes and produces diverse media content, including videos and website development. Ivy graduated Computer Science at Binghamton SUNY.
Dr. Hassan, a plasma physicist, has more than 20 years experience with the dense plasma focus device. Before joining LPPFusion in 2015, he worked for Purdue University's School of Nuclear Engineering.
Sam Grund is local talent, having grown up in Montclair, NJ. He holds a degree in computer science and mathematics from Oberlin College and brings a decade of experience from the tech startup world to the pursuit of aneutronic fusion with the DPF.
Names and titles as disclosed on SEC Form C, WeFunder. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 6 of 9 annual reports (FY2017–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 26 filings on EDGAR- Form CJul 6, 20260001453982-26-000007EDGAR
- Form C-ARJul 2, 20260001453982-26-000003EDGAR
- Form CMar 6, 20250001670254-25-000152EDGAR
- Form C-ARMar 4, 20250001670254-25-000144EDGAR
- Form C-UDec 16, 20240001665160-24-001814EDGAR
- Form CNov 22, 20240001665160-24-001699EDGAR
- Form CMar 4, 20240001670254-24-000172EDGAR
- Form C-UMar 1, 20240001670254-24-000168EDGAR
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.