Founded
Address
Commonwealth Fusion Systems LLC
Cambridge, MA 00000
United States
Website
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) | Initial investment. Led the round. | ||
|
Eni SpA | Initial investment. | ||
|
Future Ventures | Initial investment. | ||
|
Khosla Ventures | Venture capital firm founded by Vinod Khosla. | Initial investment. | |
|
Lowercase Capital LLC | Venture capital firm managed by Chris Sacca | Initial investment. | |
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|
Moore Strategic Ventures LLC | The privately held investment company for Louis M. Bacon, Founder, and CEO of Moore Capital Management, LP. | Initial investment. | |
|
Safar Partners LLC | Venture capital firm. | Initial investment. | |
|
Schooner Capital LLC | Initial investment. | ||
|
Starlight Ventures | Initial investment. | ||
|
The Engine | Startup accelerator sponsored by the Massachusetts Institute of Technology. | Initial investment. |
| 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 |