Commonwealth Fusion Systems
Commonwealth Fusion Systems50About
What does Commonwealth Fusion Systems do?
Commonwealth Fusion Systems (CFS) is a spin-out from MIT's Plasma Science and Fusion Center, focused on commercializing fusion energy. They are developing compact, high-field fusion power plants using high-temperature superconducting (HTS) magnets to achieve net energy gain, aiming to deliver a new source of clean, safe, and limitless energy to the grid.
What is Commonwealth Fusion Systems's revenue?
StartupHub estimates Commonwealth Fusion Systems's annual revenue at $228.0M (range $80.6M to $1.4B, 31% confidence), based on comparable companies in the sector.
What is Commonwealth Fusion Systems's valuation?
StartupHub estimates Commonwealth Fusion Systems's effective valuation at $7.6B (range $4.9B to $11.9B, 19% confidence), based on comparable companies in the sector.
How much funding has Commonwealth Fusion Systems raised?
Commonwealth Fusion Systems has raised a total of $2.0B in funding. The most recent round on record is Series B2.
Where is Commonwealth Fusion Systems headquartered?
Commonwealth Fusion Systems is headquartered in Devens, United States.
What industry does Commonwealth Fusion Systems operate in?
Commonwealth Fusion Systems operates in Clean Energy, Nuclear Fusion, Energy Storage, Climate Tech, Advanced Manufacturing, Superconducting Magnets.
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