Commonwealth Fusion Systems was founded in 2018 by Bob Mumgaard. CNBC reported in June 2023 that Commonwealth Fusion Systems “has raised more than $2 billion in venture capital from the likes of Bill Gates, Gates’ climate investment firm Breakthrough Energy Ventures, Google, John Doerr, Khosla Ventures, Lowercarbon Capital, Marc Benioff’s TIME Ventures and more. That’s more private capital than any other fusion startup.” Commonwealth Fusion Systems has not officially endorsed a plan to participate in an IPO.
Commonwealth Fusion Systems is an energy research company that uses fusion energy and physics to create clean energy that will reverse the impact of climate change. Per Forge data, Commonwealth Fusion raised $2B billion in funding over 5 rounds. Their latest funding was raised on May 31, 2023. Key investors include Temasek Holdings, the U.S. Department of Energy, Tiger Global Management, and Breakthrough Energy Ventures.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Commonwealth Fusion is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Commonwealth Fusion is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.