MIT spinout Commonwealth Fusion Systems has raised the largest funding round yet for a nuclear fusion developer with investors including The Engine.

Commonwealth Fusion Systems (CFS), a US-based fusion energy technology spinout of Massachusetts Institute of Technology, raised more than $1.8bn in its series B round today backed by the institute-aligned venture fund and incubator The Engine. Tiger Global Management led the round, which also attracted an unnamed university endowment as well as oil and gas companies…

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