CFS

CFS researches, designs and manufactures superconducting electromagnets for fusion reactors. Read more

6 Followers on Owler
6 Followers on Owler
6 Followers on Owler
6 Followers on Owler

CFS

CFS researches, designs and manufactures superconducting electromagnets for fusion reactors. Read more

Bob Mumgaard's photo - Co-Founder & CEO of CFS

Co-Founder & CEO

Bob Mumgaard

CEO Approval Rating

89/100

CFS TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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General Fusion is seen as one of CFS's top competitors. General Fusion's headquarters is in Burnaby, New Brunswick, and was founded in 2002. Like CFS, General Fusion also works within the Electric, Water & Gas Utilities industry. General Fusion generates 78% of CFS's revenue.

Helion Energy is one of CFS's top rivals. Helion Energy was founded in 2010, and its headquarters is in Redmond, Washington. Like CFS, Helion Energy also works within the Electric, Water & Gas Utilities field. Helion Energy has 40 fewer employees than CFS.

TAE is CFS's #3 rival. TAE is a Private company that was founded in 1998 in Foothill Ranch, California. Like CFS, TAE also competes in the Electric, Water & Gas Utilities sector. Compared to CFS, TAE has 80 more employees.

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Growth Score - 1/1

Is 100 a good estimate for CFS's Employee count?

CFS Acquisitions

No recent acquisitions found related to CFS

CFS Funding History

Since CFS was founded in 2017, it has participated in 3 rounds of funding. In total CFS has raised $200.0M. CFS's last funding round was on May 2020 for a total of $84.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series A
May 2020
$84M
Series A
May 2018
$115M
Unattributed
Jan 2018
$1M
-

Since CFS was founded in 2017, it has participated in 3 rounds of funding. In total CFS has raised $200.0M. CFS's last funding round was on May 2020 for a total of $84.0M

CFS Investments

No recent investments found related to CFS

CFS News

October 26, 2020Power Magazine

Designing a Net Energy Fusion System

The post The POWER Interview: Designing a Net Energy Fusion System appeared first on POWER Magazine.C... See more »
June 28, 2019Xconomy

Commonwealth Fusion Plugs in $115M To Develop Nuclear Reactor

Nuclear energy startup Commonwealth Fusion Systems closed a $115 million Series A funding round to be... See more »
June 27, 2019TechCrunch

A Boston startup developing a nuclear fusion reactor just got a roughly $50 million boost

After twenty five years of research, scientists at the Massachusetts Institute of Technology think th... See more »
October 1, 2018AmericanInno

Inside the Winding Down of a Nuclear Reactor Startup

Last week (on September 27), Commonwealth Fusion Systems, a Cambridge-based nuclear-fusion startup, r... See more »
March 17, 2018Energy Global News

ENI JOINS MIT AND CFS TO DEVELOP COMMERCIAL FUSION ENERGY

Eni and Commonwealth Fusion Systems (CFS), a spin-out of the Massachusetts Institute of Technology, h... See more »
March 12, 2018Energy Business News

MIT partners with CFS to produce a working pilot plant for fusion power

Scientists at the Massachusetts Institute of Technology (MIT) in the US have joined forces with new p... See more »

CFS Press Releases

Social Media

CFS Headquarters

148 Sidney Street

Cambridge, Massachusetts02139

308-646-0681

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CFS Summary

ABOUT

Overview

CFS researches, designs and manufactures superconducting electromagnets for fusion reactors. CFS was founded in 2017. CFS's headquarters is located in Cambridge, Massachusetts, USA 02139. It has raised 200.0M in 3 rounds. The latest round was in May 2...

CEO

CFS's Co-Founder & CEO, Bob Mumgaard, currently has an approval rating of 89%. CFS's primary competitors are General Fusion, Helion Energy & TAE.

Website

cfs.energy

Frequently Asked Questions about CFS

  1. When was CFS founded?

    CFS was founded in 2017
  2. Who is CFS's CEO?

    CFS's CEO is Bob Mumgaard
  3. How much revenue does CFS generate?

    CFS generates $5.6M in revenue
  4. How much funding does CFS have?

    CFS has historically raised $200M in funding
  1. Where is CFS's headquarters?

    CFS's headquarters is in Cambridge Massachusetts, USA
  2. How many employees does CFS have?

    CFS has 100 employees
  3. What sector does CFS operate in?

    CFS is in Electric, Water & Gas Utilities
  4. Who are CFS's competitors?

    CFS's top competitors are General Fusion, Helion Energy, TAE