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
Investor | Country | Notes | |
---|---|---|---|
Breakthrough Energy Ventures LLC(BEV) |
United States |
Round participants
Investor | Country | Notes | |
---|---|---|---|
Eni SpA |
Italy | ||
Future Ventures |
|||
Khosla VenturesVenture capital firm founded by Vinod Khosla. |
United States | ||
Lowercase Capital LLCVenture capital firm managed by Chris Sacca |
United States | ||
Moore Strategic Ventures LLCThe privately held investment company for Louis M. Bacon, Founder, and CEO of Moore Capital Management, LP. |
|||
Safar Partners LLCVenture capital firm. |
United States | ||
Schooner Capital LLC |
United States | ||
Starlight Ventures |
|||
The EngineStartup accelerator sponsored by the Massachusetts Institute of Technology. |
United States |