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Fusion power darling Commonwealth Fusion Systems raises another $1B
Commonwealth Fusion Systems raised $1 billion as the startup moves toward its first commercial fusion power plant.
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…
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