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The funding includes capital to build, commission, and operate Sparc, the world’s first ‘commercially relevant’ net energy fusion machine. Courtesy CFS.
Commonwealth Fusion Systems, a Massachusetts-based nuclear fusion startup, has raised more than $1.8bn in the largest private investment ever in the industry.
Investors in the latest funding round include Microsoft co-founder Bill Gates and George Soros via his Soros Fund Management, the Wall Street Journal reported.
Other investors in the company’s most recent funding round include Google, Silicon Valley venture-capital firm DFJ Growth and Salesforce chief executive officer Marc Benioff’s TIME Ventures.
Investors in the latest funding round include Microsoft co-founder Bill Gates and George Soros via his Soros Fund Management, the Wall Street Journal reported.
Other investors in the company’s most recent funding round include Google, Silicon Valley venture-capital firm DFJ Growth and Salesforce chief executive officer Marc Benioff’s TIME Ventures.
CFS has raised more than $2bn in funding since it was founded in 2018.
- Source: Nucnet
- Date: Saturday, 04 December 2021
- Original article: nucnet.org/news/mit-spinoff-raises-usd1-8-billion-from-largest-ever-private-investment-in-industry-12-5-2021