No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

Fusion Firm Gets Major Monetary Boost

Tuesday, August 25, 2026


Commonwealth Fusion Systems raised approximately $4 billion in funding for fusion energy commercialization, representing roughly 30% of total capital raised by the fusion industry according to the company. CEO Bob Mumgaard stated the goal is to "build a machine that can make this reaction go at very vigorous amounts of energy at an industrial scale," according to Bloomberg Businessweek.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-25/fusion-firm-gets-major-monetary-boost-video

Next story

‘Darth Vader’ Wants You to Know He Definitely Supports Flock Surveillance