Fusion Company claims to have $1.8 billion in funding — Market Mad House
Commonwealth Fusion Systems claims to have raised $1.8 billion from investors. If these claims are true, Commonwealth has more financing than almost all other fusion companies.
A press release claims Commonwealth received over $1.8 billion in Series B funding on 1 December 2021. Series B financing is the second round of venture capital and private equity investment that a company receives. Commonwealth will use the money to fund the building of its ARC commercial fusion power plant.