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Clean Energy

Commonwealth Fusion Systems

Commonwealth Fusion Systems raises $1.8B Series B at $1.8B valuation

55 Binney Street, Cambridge, MA 02142December 5, 20241 min read
Total Raised
$1.8B
Valuation
$1.8B
Latest Round
Series B
Employees
300+

Commonwealth Fusion Systems: Series B Funding Round

Commonwealth Fusion Systems has successfully raised $1.8B in Series B funding, reaching a valuation of $1.8B.

Company Overview

Fusion energy company

Funding Details

The Series B round was led by Tiger Global Management, with participation from Coatue, Fidelity, Breakthrough Energy Ventures, Temasek Holdings, Google, Khosla Ventures.

Company Information

  • Headquarters: 55 Binney Street, Cambridge, MA 02142
  • Founded: 2018
  • Employees: 300+
  • Category: Clean Energy

Investment

Commonwealth Fusion Systems plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Tiger Global Management: Verified investor in Series B
  • Coatue: Verified investor in Series B
  • Fidelity: Verified investor in Series B
  • Breakthrough Energy Ventures: Verified investor in Series B
  • Temasek Holdings: Verified investor in Series B
  • Google: Verified investor in Series B
  • Khosla Ventures: Verified investor in Series B

Company Info

Headquarters
55 Binney Street, Cambridge, MA 02142
Founded
2018
Team Size
300+
Last Round
$1.8B(Dec 2024)

Investors (7)

T
Tiger Global ManagementLead
Lead Investor
Verified investor in Series B
C
Coatue
Investor
Verified investor in Series B
F
Fidelity
Investor
Verified investor in Series B
B
Breakthrough Energy Ventures
Investor
Verified investor in Series B
T
Temasek Holdings
Investor
Verified investor in Series B
G
Google
Investor
Verified investor in Series B
K
Khosla Ventures
Investor
Verified investor in Series B

Topics

verified(3079)real-funding(3079)series-b(280)commonwealth-fusion-systemsclean energy55-binney-street

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