Geek Culture
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Geek Culture

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.

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Daniel G. Jennings

Daniel G. Jennings

4K Followers

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.