Deal date

KANDO id: 1000896

Financial Transaction:

Series A


Commonwealth Fusion Systems LLC


Currency
United States Dollar
Value in original currency
115,000,000
Value in USD
115,000,000

Note
Funding "to develop a full power plant prototype by 2025". Most of the financing will go toward construction of the full scale magnet technology Commonwealth Fusion uses to contain its reactions.

Lead investor

Country Notes

Breakthrough Energy Ventures LLC

(BEV)
United States

Round participants

Country Notes

Eni SpA

Italy

Future Ventures

Khosla Ventures

Venture capital firm founded by Vinod Khosla.
United States

Lowercase Capital LLC

Venture capital firm managed by Chris Sacca
United States

Moore Strategic Ventures LLC

The privately held investment company for Louis M. Bacon, Founder, and CEO of Moore Capital Management, LP.

Safar Partners LLC

Venture capital firm.
United States

Schooner Capital LLC

United States

Starlight Ventures

The Engine

Startup accelerator sponsored by the Massachusetts Institute of Technology.
United States