Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

Commonwealth Fusion Systems
148 Sidney Street
Cambridge, MA 02139
Phone: 610-909-5219
https://www.cfs.energy/

Commonwealth Fusion Systems (CFS) is on track to bring fusion energy technology to market. CFS was spun out of MIT and is collaborating with MIT's Plasma Science and Fusion Center to leverage decades of research combined with the innovation and speed of the private sector. Supported by the world's leading investors in breakthrough energy technologies, the CFS team is uniquely positioned to deliver the fastest path to commercial fusion energy.

Key Contact
Name
Bob Mumgaard
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
06/27/19 $115,000,000 Series A Breakthrough Energy Ventures
Eni
Future Ventures
Lowercase Capital
Moore Strategic Ventures
Safar Partners
Schooner Capital
Starlight Ventures
The Engine
undisclosed
05/26/20 $84,000,000 Series A-2 Breakthrough Energy Ventures
Devonshire Investors
Eni Next
Equinor Energy Ventures
Future Ventures
Hostplus
Moore Strategic Ventures
Safar Partners
Schooner Capital
Temasek
The Engine
undisclosed
12/06/21 $1,800,000,000 Series B Bill Gates
Coatue Management
DFJ Growth
Emerson Collective
FootPrint Coalition
JIMCO Technology Fund
John Doerr
JS Capital Management LLC
Safar Partners
Senator Investment Group
Tiger Global Management
TIME Ventures
undisclosed