Commonwealth Fusion Systems (CFS) has long been the best-funded fusion power startup. Now, it’s extending its lead.
CFS announced Thursday that it raised $1 billion in a new round that included “significant institutional investors, such as pension funds, sovereign wealth funds, and infrastructure and industrial corporate partners,” the company said. When asked by TechCrunch, the company declined to name the specific investors. To date, CFS has raised $4 billion.
Originally reported by TechCrunch. Read the full story at the original source.
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