Founded
31 Dec 2017
Address
Commonwealth Fusion Systems LLC
Cambridge, MA
United States
Website
VCID: 1000891
Profile
Founders
Corporate information
Official name
Commonwealth Fusion Systems LLC
Also known as
CFS
Registration country
Official name
Commonwealth Fusion Systems LLC
Also known as
CFS
Registration country
Investment activity status
Active investor
Company type
Startup working to commercialize fusion energy technology.Funding
Funding rounds
Series A USD 115,000,000
USD 115,000,000 (27 Jun 2019)
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 | Manager of a venture capital fund "focused on fighting climate change by investing in clean energy innovation." | United States | Initial investment. Led the round. |
|
Eni SpA | Italy | Initial investment. Round participant. | |
|
Future Ventures | Initial investment. Round participant. | ||
|
Khosla Ventures | Venture capital firm founded by Vinod Khosla. | United States | Initial investment. Round participant. |
|
Lowercase Capital LLC | Venture capital firm managed by Chris Sacca | United States | Initial investment. Round participant. |
|
Moore Strategic Ventures LLC | The privately held investment company for Louis M. Bacon, Founder, and CEO of Moore Capital Management, LP. | Initial investment. Round participant. | |
|
Safar Partners LLC | Venture capital firm. | United States | Initial investment. Round participant. |
|
Schooner Capital LLC | United States | Initial investment. Round participant. | |
|
Starlight Ventures | Initial investment. Round participant. | ||
|
The Engine | Startup accelerator sponsored by the Massachusetts Institute of Technology. | United States | Initial investment. Round participant. |
| 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. | United States | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Breakthrough Energy Ventures LLC Manager of a venture capital fund "focused on fighting climate change by investing in clean energy innovation." |
+1 (425) 497-4303 |
Series A |
|
|
Eni SpA |
N/A Series A |
|
|
|
Future Ventures |
Series A | |
|
|
Khosla Ventures Venture capital firm founded by Vinod Khosla. |
+1 (650) 376-8500 |
Series A |
|
|
Lowercase Capital LLC Venture capital firm managed by Chris Sacca |
Series A | |
|
|
Moore Strategic Ventures LLC The privately held investment company for Louis M. Bacon, Founder, and CEO of Moore Capital Management, LP. |
Series A | |
|
|
Prime Movers Lab Venture capital firm focused on investments in breakthrough scientific startups working to revolutionize the world's most important industries. |
N/A | |
|
|
Safar Partners LLC Venture capital firm. |
+1 (516) 441-7960 |
Series A |
|
|
Schooner Capital LLC |
+1 (617) 963-5201 |
Series A |
|
|
Starlight Ventures |
Series A | |
|
|
The Engine Startup accelerator sponsored by the Massachusetts Institute of Technology. |
Series A |