Fusion Power Company CFS Raises $863M More From Google, Nvidia, and Many Others
5 Articles
5 Articles
CFS Raises $863M from Nvidia, Google for Fusion Reactors
A Landmark Investment in Fusion Energy In a significant boost to the pursuit of practical nuclear fusion, Commonwealth Fusion Systems (CFS) has secured $863 million in fresh funding, drawing investments from tech giants like Nvidia and Google, alongside a roster of prominent backers. This infusion, announced recently, underscores a growing confidence in fusion as a viable clean energy source amid surging demands from artificial intelligence and …
The US startup Commonwealth Fusion Systems is taking a decisive step in its quest for the commercialization of nuclear fusion energy. The Massachusetts-based company has just announced an exceptional fundraising of $863 million, attracting a prestigious consortium of investors including Nvidia, Google and Breakthrough Energy Ventures. Bob Mumgaard, co-founder and managing director, explains the ambition behind the project. ... Read more The Comm…
Fusion Power Company CFS Raises $863M More From Google, Nvidia, and Many Others
When it comes to nuclear fusion energy, "How do we advance fusion as fast as possible?" asks the CEO of Commonwealth Fusion Systems. They've just raised $863 million from Nvidia, Google, the BIll Gates-founded Breakthrough Energy Ventures and nearly two dozen more investors, which "may prove helpful as the company develops its supply chain and searches for partners to build its power plants and buy electricity," reports TechCrunch. Commonwealth'…
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