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…
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…
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’s HTS magnet sustains magnetic field >20 tesla 8 September 2021 Commonwealth Fusion Systems (CFS) and MIT’s Plasma Science and Fusion Center (PSFC) have successfully tested the world’s strongest high-temperature superconducting (HTS) magnet, reaching a sustained magnetic field of over 20…
Commonwealth Fusion Systems closes Series A raising $115m 27 June 2019 Commonwealth Fusion Systems has secured $115 million in funding for its Series A round, attracting new investors such as Future Ventures and Khosla Ventures. Teaming up with MIT's Plasma Science…
