Commonwealth Fusion just closed an oversubscribed $863M B2 round with Google, NVIDIA, Morgan Stanley and electric utilities.
From science to engineering to mass manufacturing, CFS is leading the charge to what many call the holy grail of clean energy — abundant, carbon-free, continuous 24/7 power in any geography.
Energy drives the wealth of nations, and China has been adding new energy at a pace 20x that of the U.S. We need magnetic fusion to fully power the estimated 10x growth in electricity needs for AI data centers and EVs with emission-free energy.
Future Ventures and Khosla Ventures did the Series A. Vinod Khosla: “CFS is one of the most impactful and ambitious projects I have seen in my whole career.”
New investor Laurene Powell Jobs: “To meet the challenges of this century, we need energy that is abundant, clean, and accessible everywhere. That’s what fusion offers. For the first time in history, we have a real opportunity to commercialize the long-held promise of fusion power, and CFS has just taken a decisive step toward making that promise a reality."
SPARC construction is ~70% complete and should be generating 10x as much energy as it consumes in 2027. Photo above is the SPARC cryoplant, now complete and in commissioning.
Company: CFS.energy for more.
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