When will fusion power startup Commonwealth Fusion Systems go public?
Commonwealth Fusion Systems (CFS) is the best funded fusion power startup, having raised $4 billion from investors over the last seven years, including the $1 billion the company has raised now. Now, developments at CFS, plus rumblings from industry sources TechCrunch has spoken with in recent months, suggest that the startup might go public in the next two or three years. One of those developments was the appointment of Lorence Kim as CFS’s new Chief Financial Officer this week.
- ▪Commonwealth Fusion Systems (CFS) is the best funded fusion power startup, having raised $4 billion from investors over the last seven years, including the $1 billion the company has raised now.
- ▪Now, developments at CFS, plus rumblings from industry sources TechCrunch has spoken with in recent months, suggest that the startup might go public in the next two or three years.
- ▪One of those developments was the appointment of Lorence Kim as CFS’s new Chief Financial Officer this week.
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| Original publisher | TechCrunch |
| Canonical URL | https://techcrunch.com/2026/07/30/when-will-fusion-power-startup-commonwealth-fusion-systems-go-public/ |
| Publication time | Thu, 30 Jul 2026 15:45:36 +0000 |
| Retrieval time | 2026-07-30T15:48:26.475Z |
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Opening excerpt (first ~120 words) tap to expand
Commonwealth Fusion Systems (CFS) is the best funded fusion power startup, having raised $4 billion from investors over the last seven years, including the $1 billion the company has raised now. Now, developments at CFS, plus rumblings from industry sources TechCrunch has spoken with in recent months, suggest that the startup might go public in the next two or three years. One of those developments was the appointment of Lorence Kim as CFS’s new Chief Financial Officer this week. Kim’s previous stint as a CFO was at Moderna, a biotech which specializes in mRNA therapies, which he joined in 2014 and subsequently helped take public in December 2018. He stuck around another year-and-a-half before returning to biotech investing. Kim said he sees “something very familiar” in CFS.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.
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