Commonwealth Fusion Systems Overview

  • Founded
  • 2017
Founded
  • Status
  • Private
  • Employees
  • 175
Employees
  • Latest Deal Type
  • Series B
  • Latest Deal Amount
  • $1.8B
Latest Deal Amount
  • Investors
  • 43

Commonwealth Fusion Systems General Information

Description

Operator of an energy research company intended to combine proven physics with magnet technology to accelerate the path to commercial fusion energy. The company engages in the design and building of fusion machines that provide limitless and clean fusion energy, enabling clients to contribute to the growth of clean energy and reduce the impact of climate change.

Contact Information

Website
www.cfs.energy
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Production
Other Energy Services
Primary Office
  • 148 Sidney Street
  • Cambridge, MA 02139
  • United States
+1 (308) 000-0000

Commonwealth Fusion Systems Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth
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Commonwealth Fusion Systems Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC (Series B) 01-Dec-2021 $1.8B 00.000 Completed Generating Revenue
4. Later Stage VC (Series A2) 26-May-2020 0000 00000 Completed Generating Revenue
3. Grant 07-Apr-2020 00.00 00000 Completed Generating Revenue
2. Later Stage VC (Series A) 27-Jun-2019 $115M $180M Completed Generating Revenue
1. Later Stage VC 25-Sep-2018 $64.6M $64.6M Completed Generating Revenue
To view Commonwealth Fusion Systems’s complete valuation and funding history, request access »

Commonwealth Fusion Systems Patents

Commonwealth Fusion Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20200211744-A1 Spiral-grooved, stacked-plate superconducting magnets and related construction techniques Abandoned 27-Dec-2018 00000000

Commonwealth Fusion Systems Executive Team (9)

Name Title Board Seat Contact Info
Robert Mumgaard Ph.D Co-Founder, Chief Executive Officer, President & Board Member
Steve Renter Chief Operating Officer
Daniel Brunner Ph.D Co-Founder & Chief Technology Officer
Brandon Sorbom Co-Founder, Chief Scientific Officer & Board Member
Kristin Kane Corporate Controller
You’re viewing 5 of 9 executive team members. Get the full list »

Commonwealth Fusion Systems Board Members (5)

Name Representing Role Since
Alan Eustace Ph.D Commonwealth Fusion Systems Board Member 000 0000
Brandon Sorbom Commonwealth Fusion Systems Co-Founder, Chief Scientific Officer & Board Member 000 0000
Katie Rae The Engine Board Member 000 0000
Massimiliano Pieri Self Board Member 000 0000
Robert Mumgaard Ph.D Commonwealth Fusion Systems Co-Founder, Chief Executive Officer, President & Board Member 000 0000
To view Commonwealth Fusion Systems’s complete board members history, request access »

Commonwealth Fusion Systems Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Commonwealth Fusion Systems Investors (43)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Alphabet Holding Company Minority 000 0000 000000 0
Armada Investment Venture Capital Minority 000 0000 000000 0
Bill Gates Angel (individual) Minority 000 0000 000000 0
BrainStorm Ventures Venture Capital Minority 000 0000 000000 0
Coatue Management PE/Buyout Minority 000 0000 000000 0
You’re viewing 5 of 43 investors. Get the full list »