Founded

Address

Commonwealth Fusion Systems LLC
Cambridge, MA 00000
United States

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KANDO id: 1000891

Corporate information

Founders
Official name
Commonwealth Fusion Systems LLC
Also known as
CFS
Registration country

Company type

Startup working to commercialize fusion energy technology.

Funding rounds

Series A USD 115,000,000


USD 115,000,000 ( )
Funding "to develop a full power plant prototype by 2025". Most of the financing will go toward construction of the full scale magnet technology Commonwealth Fusion uses to contain its reactions.

Profile Country Notes
Breakthrough Energy Ventures LLC (BEV) Led the round.
Eni SpA
Future Ventures
Khosla Ventures Venture capital firm founded by Vinod Khosla.
Lowercase Capital LLC Venture capital firm managed by Chris Sacca
Moore Strategic Ventures LLC The privately held investment company for Louis M. Bacon, Founder, and CEO of Moore Capital Management, LP.
Safar Partners LLC Venture capital firm.
Schooner Capital LLC
Starlight Ventures
The Engine Startup accelerator sponsored by the Massachusetts Institute of Technology.

N/A USD 50,000,000


USD 50,000,000

Profile Country Notes
Eni SpA USD 50,000,000 (USD 50,000,000)

Profile Country Notes
Prime Movers Lab Venture capital firm focused on investments in breakthrough scientific startups working to revolutionize the world's most important industries. Initial investment.


Investment activity status
Active investor

Team

Employee Position
Dennis Whyte (founder)
Bob Mumgaard

Past employees

Selected Products / Customers

Financials