Ledger. Australian venture funding, tracked

Company

Commonwealth Fusion Systems

MIT spinout developing tokamak fusion power, building the SPARC prototype and the planned Arc plant

Coverage

Stories naming Commonwealth Fusion Systems. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Funding announcement

The Australian investors betting big on fusion – the “holy grail” of nuclear tech

Feature on Australian capital moving into fusion energy: super fund Hostplus backs Commonwealth Fusion Systems, Foxglove Capital's Matt Bungey backs Type One, and startup HB11 Energy pursues laser proton-boron fusion locally.

2 deals

Bill Gates-backed Type One Energy lands massive seed extension to commercialize fusion power

Fusion startup Type One Energy has pulled in a $53.5m extension to its seed round, led by Breakthrough Energy Ventures with Foxglove Ventures and GD1 taking part, to accelerate its stellarator reactor plans.

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