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BIOGRAPHY
Why a Tech Power Player? For racing to develop a practical fusion reactor.
Mumgaard has raised over $2 billion to build the first practical fusion reactor by late 2025 or early 2026. If he can pull it off, it means an unlimited source of emissions-free electric power. And Mumgaard has persuaded some very powerful people. Devens-based Commonwealth Fusion’s financial backers include Microsoft’s Bill Gates, Amazon’s Jeff Bezos, and Sir Richard Branson of the Virgin Group.
CAREER MILESTONES
2023
Commonwealth Fusion Systems opened a new 50-acre campus in Devens.
2021
Commonwealth Fusion Systems raised $1.8 billion, the largest funding round ever by a Massachusetts company.
2018
Cofounded Commonwealth Fusion Systems.
SIMILAR PROFILES
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BIOGRAPHY
Why a Tech Power Player? For racing to develop a practical fusion reactor.
Mumgaard has raised over $2 billion to build the first practical fusion reactor by late 2025 or early 2026. If he can pull it off, it means an unlimited source of emissions-free electric power. And Mumgaard has persuaded some very powerful people. Devens-based Commonwealth Fusion’s financial backers include Microsoft’s Bill Gates, Amazon’s Jeff Bezos, and Sir Richard Branson of the Virgin Group.
CAREER MILESTONES
2023
Commonwealth Fusion Systems opened a new 50-acre campus in Devens.
2021
Commonwealth Fusion Systems raised $1.8 billion, the largest funding round ever by a Massachusetts company.
2018
Cofounded Commonwealth Fusion Systems.
SIMILAR PROFILES
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