Commonwealth Fusion

Commonwealth Fusion is working to make fusion energy feasible and financially viable. The firm utilizes newest technologies to build tokamaks that are both smaller and cheaper than their predecessors. Commonwealth Fusion was previously a part of MIT.

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Funding Round
Funding Amount
Post-Money Valuation
Share Price
Series B1 Dec, 2021
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Series A-126 May, 2020
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Series A27 Jun, 2019
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Seed17 Jun, 2019
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News related to Commonwealth Fusion7

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Commonwealth Fusion
Jul 12, 2024 Show on chart

Why Commonwealth Fusion Systems' superconducting magnet sale ...

Commonwealth Fusion Systems is shipping a pair of its specialized magnets to the University of Wisconsin–Madison, the startup exclusively told TechCrunch....

https://techcrunch.com/2024/07/12/lets-not-kick-down-the-ladder-commonwealth-fusion-systems-shares-its-secret-sauce/
Commonwealth Fusion
Jun 6, 2024 Show on chart

Commonwealth Fusion Systems Signs $15 Million DOE Agreement To Advance Commercial Fusion Energy

CFS was among eight fusion companies DOE selected in 2023 to receive a total of $46 million ...

https://cfs.energy/news-and-media/cfs-signs-15-million-doe-agreement-to-advance-commercial-fusion-energy
Commonwealth Fusion
Jun 9, 2023 Show on chart

Commonwealth Fusion Systems tour and CEO interview

Commonwealth Fusion Systems CEO Bob Mumgaard explains to CNBC why he believes we're about to enter the fusion era....

https://www.cnbc.com/2023/06/08/commonwealth-fusion-systems-tour-and-ceo-interview.html
Commonwealth Fusion
Jun 1, 2023 Show on chart

US announces $46 million in funds to eight nuclear fusion companies

Generating more energy from a fusion reaction than goes into the fusion plant to heat fuel to temperatures of more than 100 million Celsius has eluded scientists for decades. ...

https://www.reuters.com/business/energy/us-announces-46-million-funds-eight-nuclear-fusion-companies-2023-05-31/
Commonwealth Fusion
Feb 11, 2023 Show on chart

Commonwealth Fusion Systems Opens Fusion Energy Campus on ...

Commonwealth Fusion Systems Opens Fusion Energy Campus on The Fastest Path to Bring Clean Fusion Energy to the World | Morningstar ...

https://www.morningstar.com/news/business-wire/20230210005359/commonwealth-fusion-systems-opens-fusion-energy-campus-on-the-fastest-path-to-bring-clean-fusion-energy-to-the-world
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