Fundraising Fox

Commonwealth Fusion Systems

Unknown, US · Founded 2017 · Delaware LLC · 40 known investors

cfs.energy ↗

Commonwealth Fusion Systems develops commercial fusion power plants using high-temperature superconducting magnet technology to provide grid-scale energy.

CleantechClimate TechDeep TechEnergyin /11076301@cfs_energy

Founders & leadership

BS
Brandon SorbomFounder
RM
Robert MumgaardExecutive Officer, Director
DB
Daniel BrunnerExecutive Officer
MP
Massimiliano PieriDirector
KR
Katie RaeDirector
AE
Alan EustaceDirector

Investors · 40

Advection Growth CapitalNew York City
Armada Investment AG
Bay Bridge Ventures ClimateBerkeley
Beni Venture CapitalMiami · $100K – $250K
Brainstorm VenturesSan Francisco
Collaborative FundNew York · $500K – $1M
Collaborative Fund (Collab Fund)New York
Congruent VenturesSan Francisco · $100K – $5M
Doon CapitalSilicon Valley
Eni NextBoston
Evolution VC PartnersNew York
Fine Structures VenturesCambridge
Future VenturesLos Altos · $1M – $10M
Gigascale CapitalPalo Alto
Global BrainTokyo · $100K – $184M
HOF CapitalNew York · $25K – $15M
JERATokyo
Khosla VenturesMenlo Park · $5K – $50M
LOWERCARBONJackson · $1M – $50M
Lowercarbon CapitalNew York · $100K – $5M
Neva Sgr.Turin
NTT DOCOMO VenturesTokyo
Perot JainDallas · $500K
Preston-Werner VenturesSan Francisco Bay Area · $500K – $3M
Prime Movers LabJackson · $2M – $30M
Safar PartnersCambridge
Schooner CapitalBoston
Starbridge Venture Capital LlcWashington
The Engine VenturesCambridge
Breakthrough Energy VenturesreportedBoston · $500K – $50Mvia Carmichael Roberts · quoted
Devonshire Investorsreported
Emerson Collective InvestingreportedPalo Alto · $100K – $1M
Equinor VenturesreportedStavanger · $1M – $70M
FootPrint CoalitionreportedLos Angeles · $50K – $1M
Kleiner PerkinsreportedMenlo Park · $500K – $15Mvia John Doerr · quoted
NVenturesreportedSanta Clara
Starlight Venturesreported · 2 sourcesMiami · $100K – $3M
TemasekreportedSingapore
Thrive CapitalreportedNew York · $500K – $25M
Tiger Global Managementreported · 2 sourcesNew York · $1M – $100M

Reported raises · per SEC filings

Form D private placements
▶$1.8BraisedDec 2021 · 72 investors · Other Energy
Rule 506(b)
Commonwealth Fusion Systems raises $1.8 billion to commercialize fusion energycfs.energy · Dec 2021Commonwealth Fusion Systems Raises $1.8B from Gates, Soroswsj.com · Dec 2021
Officers, directors & promoters on the filing
  • Brandon SorbomExecutive Officer, Director
  • Robert MumgaardExecutive Officer, Director
  • Katie RaeDirector
  • Alan EustaceDirector
  • Massimiliano PieriDirector
  • Mitchell GoldsteinExecutive Officer
Offering amount
$1.8B
Amount sold
$1.8B
First sale
Nov 2021
Incorporated
Limited Liability Company, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$80.6MraisedMay 2020 · 23 investors · Other Energy
Rule 506(b)
Commonwealth Fusion Systems Raises $84M in A2 Roundprnewswire.com · May 2020 · press release
Officers, directors & promoters on the filing
  • Daniel BrunnerExecutive Officer
  • Massimiliano PieriDirector
  • Brandon SorbomExecutive Officer, Director
  • Robert MumgaardExecutive Officer, Director
  • Alan EustaceDirector
  • Katie RaeDirector
Offering amount
$100M
Amount sold
$80.6M
First sale
May 2020
Incorporated
Limited Liability Company, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$115MraisedJul 2019 · 24 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Brandon SorbomExecutive Officer, Director
  • Robert MumgaardExecutive Officer, Director
  • Daniel BrunnerExecutive Officer
  • Massimiliano PieriDirector
  • Katie RaeDirector
  • Alan EustaceDirector
Offering amount
$115M
Amount sold
$115M
First sale
May 2018
Incorporated
Limited Liability Company, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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