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…
Commonwealth Fusion Systems closes $1.8bn Series B 19 November 2021 Commonwealth Fusion Systems (CFS) has secured over $1.8bn in its Series B round, led by Tiger Global Management and backed by notable investors. The funds will support the development of…
Commonwealth Fusion Systems raises $84m in A2 round 26 May 2020 Commonwealth Fusion Systems (CFS) secures $84m in A2 funding led by Temasek, with new investors Equinor and Devonshire Investors joining. The funding will advance the development of high-temperature superconducting magnets…
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…