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Commonwealth Fusion Systems (CFS) Stock

Private Company · Price from Hiive
$246.03 0.00 (0.00%)
As of Aug 11, 2026
5.30%
Valuationn/a
Valuation DateJul 30, 2026
Implied Valuationn/a
Last Price$246.03
52-Week High$247.26
52-Week Low$160.20
YTD Return+13.37%
1-Year Return+5.30%
3-Year Returnn/a
Total Funding$4B1
Latest Round Amount$1B1
Latest RoundSeries C
Funding Rounds5
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About Commonwealth Fusion Systems

Commonwealth Fusion Systems is the world's largest private fusion energy company. It is building SPARC, a compact tokamak in Devens, Massachusetts that uses high-temperature superconducting magnets and is designed to produce more power than it consumes. SPARC paves the way for ARC, a 400 megawatt commercial power plant planned for Chesterfield County, Virginia that is expected to put electricity on the grid in the early 2030s. The company plans to make money by selling electricity from its fusion power plants and has already signed offtake agreements with Google and Eni for power from the first ARC plant. CFS was spun out of MIT's Plasma Science and Fusion Center in 2018 and has raised $4 billion, more than any other private fusion company.

Categories Energy & Climate, Fusion Energy
Founded 2018
Country United States
CEO Bob Mumgaard
Employees 1,0002
Founders Bob Mumgaard, Brandon Sorbom, Dan Brunner, Zach Hartwig, Dennis Whyte, Martin Greenwald
Headquarters Devens, MA

Invest in Commonwealth Fusion Systems

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News

Commonwealth Fusion Systems Raises Another $1 Billion as Work on Commercial Power Plant Continues

CFS secured another $1 billion in equity financing to continue SPARC assembly and parallel development of its 400-MW Fall Line Fusion Power Station in Chesterfield County, Virginia.

13 days ago - POWER Magazine

Commonwealth Fusion Systems Raises Another $1 Billion, Bringing Total Capital Raised to $4 Billion

CFS announced it raised $1 billion of additional equity financing, bringing total capital raised since its 2018 founding to $4 billion. New backers include pension funds, sovereign wealth funds, and i...

13 days ago - Commonwealth Fusion Systems

Commonwealth Fusion Systems raises $1 billion more in latest VC deal

The largest venture deal in Massachusetts in almost three years will fund completion of the SPARC demonstration machine and planning for the ARC plant in Virginia. CEO Bob Mumgaard declined to disclos...

13 days ago - The Boston Globe

'It'll take more': CFS nets another $1B to chase nuclear fusion dream

Commonwealth Fusion Systems has now raised $4 billion total and aims to bring its SPARC pilot reactor online next year. The company also named former Moderna CFO Lorence Kim as its new chief financial...

13 days ago - Canary Media

Commonwealth Fusion Systems Announces Equity Investment by Abu Dhabi-Based Plynth Energy

CFS announced that Abu Dhabi government-owned fund Plynth Energy acquired a minority stake in the company, supplementing its prior private funding as it advances commercial fusion energy.

2 months ago - Commonwealth Fusion Systems

Materion Signs Supply Agreement with Commonwealth Fusion Systems to Provide Beryllium Fluoride for Fusion Energy Technology

MAYFIELD HEIGHTS, Ohio & DEVENS, Mass.--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN), a global leader in advanced materials solutions, today announced that it entered into an agreement with Comm...

Other symbols: MTRN
10 months ago - Business Wire

Nvidia, Google, and Bill Gates help Commonwealth Fusion Systems raise $863M

Fusion power startup Commonwealth Fusion Systems has raised $863 million from a long list of investors that includes Nvidia, Google, Breakthrough Energy Ventures, and more.

Other symbols: GOOGGOOGLNVDA
1 year ago - TechCrunch

Commonwealth Fusion Systems Raises $863 Million Series B2 Round to Accelerate the Commercialization of Fusion Energy

This round of capital is the largest raised among deep tech and energy companies since CFS' $1.8 billion Series B round in 2021. The almost $3 billion that CFS has raised to date is about one-third of...

Other symbols: GLXY
1 year ago - PRNewsWire

Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

Google announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology. The tech giant will buy 200 megawatts of clean fusio...

Other symbols: GOOGGOOGL
1 year ago - CNBC

Google inks its first fusion power deal with Commonwealth Fusion Systems

Fusion power got another boost on Monday as Google announced it will buy half the output of Commonwealth Fusion System's first commercial power plant.

Other symbols: GOOGGOOGL
1 year ago - TechCrunch