Founded
Address
Commonwealth Fusion Systems LLC
Cambridge, MA 00000
United States
Website
Tags
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.
Investor | 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
Investor | 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 |