Commonwealth Fusion Systems Raises $1 Billion in Equity Funding to Complete Fusion Power Systems
businessvc 2 posts · 2 accounts
Commonwealth Fusion Systems raised $1 billion in equity funding, cementing its position as the most heavily backed nuclear fusion developer.
The capital will fund the completion of reactor systems engineered to generate commercial grid electricity by replicating stellar conditions.
From the sources (2 posts)
@reuterscommodsUS fusion energy company Commonwealth raises $1 billion in equity funding
@businessCommonwealth Fusion Systems, already the best-funded nuclear fusion developer, has raised another $1 billion to help complete systems designed to generate electricity on Earth by recreating the conditions inside stars