Bezos-Backed Fusion Firm Makes Plea Over Funding Squeeze (2)

General Fusion Inc., a Canadian startup backed by Jeff Bezos, is making a plea to investors after raising more than $300 million to develop a system that would harness the power of the stars.

“We are ready to execute our plan but are caught in an economic and geopolitical environment that is forcing us to wait,” Chief Executive Officer Greg Twinney wrote in a open letter Monday. “All we need now is the capital to finish the job.”

General Fusion is actively seeking strategic options with investors, buyers and governments, according to the letter.

Spokeswoman Grace Peach confirmed ...