Tech Company Financing Transactions

Commonwealth Fusion Systems Funding Round

Commonwealth Fusion Systems closed a $1.8 billion financing round on 12/2/2021. Investors included Tiger Global Management, Breakthrough Energy Ventures and Coatue Management.

Transaction Overview

Announced On
12/2/2021
Transaction Type
Venture Equity
Amount
$1,800,000,000
Round
Undisclosed
Investors

Tiger Global Management (Lead Investor)

Breakthrough Energy Ventures

Coatue Management

DFJ Growth

Emerson Collective

Eni

Equinor

Fine Structure Ventures

Footprint Coalition

Future Ventures (Steve Jurvetson)

GV

Hostplus

Private Investors (John Doerr)

Private Investors (William Gates)

JIMCO

JS Capital Management

Khosla Ventures (Vinod Khosla)

Lowercarbon Capital

Moore Strategic Ventures

Safar & Partners

Schooner Capital

Senator Investment Group

Soros Fund Management

Starlight Ventures

Temasek Holdings

The Engine

Time Ventures

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
501 Massachusetts Ave.
Cambridge, MA 02139
USA
Email Address
Overview
Commonwealth Fusion Systems (CFS) is on track to bring fusion energy technology to market. CFS was spun out of MIT and is collaborating with MIT's Plasma Science and Fusion Center to leverage decades of research combined with the innovation and speed of the private sector.
Profile
Commonwealth Fusion Systems LinkedIn Company Profile
Social Media
Commonwealth Fusion Systems Company Twitter Account
Company News
Commonwealth Fusion Systems News
Facebook
Commonwealth Fusion Systems on Facebook
YouTube
Commonwealth Fusion Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Robert Mumgaard
  Robert Mumgaard LinkedIn Profile  Robert Mumgaard Twitter Account  Robert Mumgaard News  Robert Mumgaard on Facebook
Chief Technical Officer
Daniel Brunner
  Daniel Brunner LinkedIn Profile  Daniel Brunner Twitter Account  Daniel Brunner News  Daniel Brunner on Facebook
Co-Founder
Martin Greenwald
  Martin Greenwald LinkedIn Profile  Martin Greenwald Twitter Account  Martin Greenwald News  Martin Greenwald on Facebook
VP - Engineering
Patrick Schweiger
  Patrick Schweiger LinkedIn Profile  Patrick Schweiger Twitter Account  Patrick Schweiger News  Patrick Schweiger on Facebook
VP - Manufacturing
Joy Dunn
  Joy Dunn LinkedIn Profile  Joy Dunn Twitter Account  Joy Dunn News  Joy Dunn on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/2/2021: Forum Mobility venture capital transaction
Next: 12/2/2021: DeepStream Technologies venture capital transaction

 

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Where The Data Comes From

We do our best to record funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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