Deal date
KANDO id: 1000896
Financial Transaction:
Series A
Commonwealth Fusion Systems LLC
Currency
United States Dollar
Value in original currency
115,000,000
Value in USD
115,000,000
Note
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.
Lead investor
| Investor | Country | Notes | |
|---|---|---|---|
|
Breakthrough Energy Ventures LLC(BEV) |
United States | Initial investment. |
Round participants
| Investor | Country | Notes | |
|---|---|---|---|
|
Eni SpA |
Italy | Initial investment. |
|
Future Ventures |
Initial investment. | |
|
Khosla VenturesVenture capital firm founded by Vinod Khosla. |
United States | Initial investment. |
|
Lowercase Capital LLCVenture capital firm managed by Chris Sacca |
United States | Initial investment. |
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|
Moore Strategic Ventures LLCThe privately held investment company for Louis M. Bacon, Founder, and CEO of Moore Capital Management, LP. |
Initial investment. | |
|
Safar Partners LLCVenture capital firm. |
United States | Initial investment. |
|
Schooner Capital LLC |
United States | Initial investment. |
|
Starlight Ventures |
Initial investment. | |
|
The EngineStartup accelerator sponsored by the Massachusetts Institute of Technology. |
United States | Initial investment. |