Commonwealth Fusion Systems books a $1B+ power deal for its future fusion reactor
The fusion startup has inked a deal with Italian energy company Eni. The move is likely intended to set a price for fusion power.
nuclear fusion
Every fusion startup that has raised over $100M
Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.
Nvidia, Google, and Bill Gates help Commonwealth Fusion Systems raise $863M
Commonwealth Fusion Systems has raised nearly $3 billion to commercialize its fusion power plant. It hopes to send electricity to the grid in the early 2030s.
Struggling fusion power company General Fusion gets $22M lifeline from investors
General Fusion pleaded for new funding in May after it laid off 25% of its staff. The new round buys it precious months to pursue its scientific milestones.
Google’s data center energy use doubled in 4 years
Google has pledged to use only carbon-free sources of electricity to power its operations, a task made more challenging by its breakneck pace of data center growth.
Google inks its first fusion power deal with Commonwealth Fusion Systems
Google will invest in Commonwealth Fusion Systems and buy 200 MW of electricity from its forthcoming power plant.