Nuclear-Fusion Startup lands $ 1.8 billion as investors Chase Star Power

Commonwealth Fusion Systems LLC said it has raised more than $ 1.8 billion in the largest private investment in nuclear fusion to date, while startups are raging to be the first to generate carbon-free energy like the sun.

Major investors supporting the latest round of financing for the Massachusetts-based company include Microsoft Corp. founder Bill Gates and George Soros through his Soros Fund Management LLC. Some of Commonwealth Fusion’s competitors, including Helion Energy Inc., have also recently secured huge funding as investors gather in clean energy technologies amid growing concerns about climate change.

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