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Commonwealth Fusion Systems

Commonwealth Fusion Systems

Commonwealth Fusion Systems is a Cambridge, Massachusetts-based research and development company developing fusion power systems based on ARC tokamak reactors.

OverviewStructured DataIssuesContributors

Contents

cfs.energy
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Technology
Technology
Clean technology
Clean technology
Energy industry
Energy industry
Research and development
Research and development
Nuclear power
Nuclear power
...
Location
Cambridge, Massachusetts
Cambridge, Massachusetts
United States
United States
B2X
B2B
B2B
CEO
‌
Bob Mumgaard
Founder
‌
Bob Mumgaard
‌
Martin Greenwald (Scientist)
‌
Dan Brunner
AngelList URL
angel.co/commonweal...ion-systems
Pitchbook URL
pitchbook.com/profiles...226641-88
Legal Name
Commonwealth Fusion Systems LLC
Legal classification
Private Company
Private Company
Date Incorporated
2018
Spun Out From
Massachusetts Institute of Technology
Massachusetts Institute of Technology
Number of Employees (Ranges)
501 – 1,0000
Email Address
press@cfs.energy
info@cfs.energy
Phone Number
+13086460681
Full Address
501 Massachusetts Avenue Cambridge, MA 02139
CIK Number
1,744,079
Investors
‌
Galaxy Interactive
Safar & Partners
Safar & Partners
Future Ventures
Future Ventures
Breakthrough Energy Ventures
Breakthrough Energy Ventures
The Engine (venture capital)
The Engine (venture capital)
Eni Next
Eni Next
Schooner Capital
Schooner Capital
Lowercase Capital
Lowercase Capital
...
IRS Number
823,262,257
Founded Date
2018
0
Total Funding Amount (USD)
3,012,000,008
Latest Funding Round Date
August 28, 2025
Competitors
TAE Technologies, Inc.
TAE Technologies, Inc.
Tokamak Energy
Tokamak Energy
Helion Energy
Helion Energy
General Fusion
General Fusion
Business Model
Commerce
CTO
‌
Dan Brunner
Also Known As
Commonwealth Fusion
CFS
Latest Funding Type
Series B
Series B
Motto/Tagline
The surest path to limitless, clean, fusion energy
Wellfound ID
commonwealth-fusion-systems
Technologies Used
Magnetic confinement fusion
Magnetic confinement fusion
0
Country
United States
United States

Other attributes

Company Operating Status
Active
Funding Round Investor
Temasek Holdings
Temasek Holdings
Latest Funding Round Amount (USD)
863,000,000
Wikidata ID
Q55316454

Commonwealth Fusion Systems is a technology company developing fusion power systems based on ARC tokamak reactors that is headquartered in Cambridge, Massachusetts and was founded in 2017 by Martin Greenwald and Bob Mumgaard. Commonwealth Fusion Systems was spun out of the Massachusetts Institute of Technology and their Plasma Science and Fusion Center in 2007. They continue to collaborate with MIT's Plasma Science and Fusion Center to use their research into fusion technology.

Fusion Reactor

Commonwealth Fusion Systems is working on designing and building commercial fusion energy machines through magnet technology. Their design includes a high-power superconducting magnet used to create conditions necessary for sustained fusion reaction. The reactor uses hydrogen isotopes kept under extreme pressure using the superconducting magnets to sustain the reaction and contain the resulting energy. For the reaction to occur, the hydrogen fuel source needs to be heated to tens of millions of degrees.

In September 2020, Commonwealth Fusion Systems published seven peer-reviewed papers validating their approach to commercial fusion energy. Part of these papers included the design of their SPARC system, which works to provide a net energy fusion system. The SPARC reactor is a tokamak reactor, similar to an ITER tokamak reactor which should enable a similar performance as an ITER tokamak reactor but at ten times smaller and on a faster timeline. The SPARC reactor is intended to move towards a viable commercial fusion power plant called ARC.

In part of their development of SPARC, Commonwealth Fusion Systems and MIT's Plasma Science and Fusion Center have collaborated on the manufacturing of a successful 20 Tesla, large-bore magnet by 2021.

VIPER Cable

Part of the construction of the fusion reactor involves the design and manufacture of Commonwealth Fusion Systems VIPER cable. This was a joint project between Commonwealth Fusion Systems and MIT's Plasma Science and Fusion Center. And the VIPER cable is a high-temperature superconductor cable that can be engineered into magnets directly. The cable can carry currents exceeding 50kA at magnetic fields exceeding 10 T. Further, the cable was tested under extreme electromagnetically induced mechanical forces to ensure there would be minimal performance degradation and ensure the cable would be resilient against the "quench" fault condition; the "quench" condition would cause the cable to lose its superconducting properties.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Commonwealth Fusion Systems Closes $115M Series A, Makes Our Inner Sci-Fi Nerds Happy

https://news.crunchbase.com/news/commonwealth-fusion-systems-closes-115m-series-a-makes-our-inner-sci-fi-nerds-happy

Web

June 28, 2019

EnergySource Innovation Stream with Commonwealth Fusion Systems

https://www.youtube.com/watch?v=d3yTR8O-mAk

Web

September 30, 2020

Highlights from the Live-Streamed 20 Tesla HTS Magnet Demo Event

https://www.youtube.com/watch?v=rAv6p3grFVM

Web

September 24, 2021

Manufacturing HTS Magnets for Fusion

https://www.youtube.com/watch?v=CvFlsVYnAe4

Web

September 17, 2021

References

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