Inside the Funding Rounds: CFS 30 May 2024 Commonwealth Fusion Systems (CFS) was founded in 2017 and has raised over US$2 billion to develop ARC, a compact fusion power machine. The company's key innovation is the use of…
In Conversation: Clea Kolster 30 May 2024 In 2022, Lowercarbon Capital raised a $250m fund called Q>1 to back the world’s leading fusion companies. By the start of this year, Lowercarbon had invested in 6 fusion companies,…
Commonwealth Fusion Systems secures three INFUSE awards 25 July 2023 The U.S. Department of Energy’s INFUSE program has given Commonwealth Fusion Systems (CFS) three new grants for research and development projects with universities. The projects include studying tritium behavior in…
Commonwealth Fusion Systems awardee in DOE’s Milestone-Based Fusion Development Program 31 May 2023 Commonwealth Fusion Systems (CFS) has been chosen by the U.S. Department of Energy (DOE) for its $46m commercial fusion energy development program. This program, established by Congress, aims to bring…
U.S. Department of Energy announces $46m funding for commercial fusion 31 May 2023 The U.S. Department of Energy has allocated $46 million to eight companies for a fusion pilot plant. This funding, part of the 'Milestone-Based Fusion Development Program', aims to address challenges…
Type One Energy closes over-subscribed $29m Seed round 28 March 2023 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
Sabanci Climate Ventures invest in fusion 16 March 2023 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
U.S. Department of Energy announces $2.3m investment in fusion 17 January 2023 The U.S. Department of Energy allocated $2.3 million to 10 projects through the INFUSE program to address fusion energy development challenges. Seven private companies, including Commonwealth Fusion Systems and General…
Commonwealth Fusion Systems secures two INFUSE awards 17 January 2023 The U.S. Department of Energy’s INFUSE program has given Commonwealth Fusion Systems (CFS) three new grants for research and development projects with universities. The projects include studying tritium behavior in…
Commonwealth Fusion Systems wins four INFUSE awards 12 July 2022 The U.S. Department of Energy’s INFUSE program has granted Commonwealth Fusion Systems (CFS) four awards. Projects include turbulent transport and confinement in ARC with STEP and CGYRO, machine-learning prediction of…
Commonwealth Fusion Systems gains four new INFUSE awards 15 June 2022 The U.S. Department of Energy’s INFUSE program has given Commonwealth Fusion Systems (CFS) three new grants for research and development projects with universities. The projects include studying tritium behavior in…
Commonwealth Fusion Systems wins another two INFUSE awards 20 January 2022 The INFUSE program of the U.S. Department of Energy has granted CFS two new awards for collaborative projects with PNNL and ORNL. The projects involve using ODS steel wires for…
