CleanTech & Energy Nuclear Fusion & Clean Power

Commonwealth Fusion Systems (CFS)

Commercializing Clean, Limitless Magnetic Fusion Energy

Valuation / Scale $5.0 Billion

Funding Raised $2.0 Billion

Founded 2018

Headquarters Devens, MA

About Commonwealth Fusion Systems (CFS)

CFS designs and manufactures high-temperature superconducting magnets and the SPARC tokamak reactor to deliver carbon-free fusion energy to the grid.

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Co-Founder & CEO of Commonwealth Fusion Systems

Dr. Bob Mumgaard is an MIT plasma physicist and the CEO and Co-Founder of Commonwealth Fusion Systems (CFS), commerciali...

VERIFIED FACTS

What is Commonwealth Fusion Systems (CFS)'s current valuation?

Commonwealth Fusion Systems (CFS) is valued at approximately $5.0 Billion, having raised a total of $2.0 Billion in venture financing.

Who founded Commonwealth Fusion Systems (CFS) and where is it headquartered?

Commonwealth Fusion Systems (CFS) was founded in 2018 by Bob Mumgaard with headquarters in Devens, MA.

What industry does Commonwealth Fusion Systems (CFS) operate in and what does it do?

Commonwealth Fusion Systems (CFS) operates within the CleanTech & Energy sector. Commercializing Clean, Limitless Magnetic Fusion Energy

How much funding has Commonwealth Fusion Systems (CFS) raised to date?

Commonwealth Fusion Systems (CFS) has secured approximately $2.0 Billion across institutional equity rounds and growth capital.