Commonwealth Fusion Systems

● Verification pending Last updated: May 22, 2026 Data last verified: May 22, 2026

Commonwealth Fusion Systems: $2B+ valuation, IPO Readiness 63, Series B. Fusion energy company developing high-field superconducting magnets to achieve commercial fusion power. Track live on The IPO Stack.

Series BClimate Techpre-ipo
63
/100
IPO Readiness Score
Grade C — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Commonwealth Fusion Systems →

Fusion energy company developing high-field superconducting magnets to achieve commercial fusion power.

Valuation
$2B+
Total Funding
$2.55B
Stage
Series B
Sector
Climate Tech
Headquarters
Cambridge, MA
CEO
Bob Mumgaard
IPO Status
pre-ipo

Funding History

Round Amount Date Lead Investors
Series B $1.8B Dec 2021 Tiger Global, Breakthrough Energy Ventures
Series A $250M Jun 2021 Tiger Global, Eni Next
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Track Commonwealth Fusion Systems IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Commonwealth Fusion Systems going public? +

Commonwealth Fusion Systems has not announced a specific IPO date as of 2026. Track TechStackIPO for the latest funding milestones and IPO signals. Subscribe to The IPO Stack newsletter for weekly updates.

What is Commonwealth Fusion Systems's current valuation? +

Commonwealth Fusion Systems is valued at $2B+ as of December 2021. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Commonwealth Fusion Systems before IPO? +

Accredited investors can access Commonwealth Fusion Systems shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Commonwealth Fusion Systems's IPO Readiness Score? +

Commonwealth Fusion Systems scores 63/100 (Grade: C) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Commonwealth Fusion Systems raised? +

Commonwealth Fusion Systems has raised $2.55B in total venture capital and private equity funding, with backing from Tiger Global, Breakthrough Energy Ventures, Google.

Who are Commonwealth Fusion Systems's key investors? +

Commonwealth Fusion Systems's notable investors include Tiger Global, Breakthrough Energy Ventures, Google, Eni Next, Google Ventures. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Commonwealth Fusion Systems in? +

Commonwealth Fusion Systems is a Climate Tech company. Fusion energy company developing high-field superconducting magnets to achieve commercial fusion power.

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