Commonwealth Fusion Systems Co-Founder and CEO Bob Mumgaard

from Watt It Takes · host Powerhouse

According to researchers around the world, fusion could be a nearly waste-free, carbon-free, and all-geography answer to creating enough dispatchable power to get us through the energy transition. To achieve this, all components of a fusion power plant need to be built so that when fusion energy becomes a reality, we have the industry, infrastructure, and processes in place to distribute the power, and it has to be cost competitive. This is exactly what Bob Mumgaard, Co-Founder and CEO of Commonwealth Fusion Systems (CFS), is building. Today, CFS has more than 600 employees, has raised $2B, and is executing on their plan to make the “holy grail” of fusion energy possible. Guest host Lara Pierpoint sat down with Bob to learn more about his journey, the CFS story, and the work being advanced by his team.Sponsors Watt It Takes is brought to you by Shell Ventures and SPAN.Shell Ventures specializes in unlocking deployment opportunities to help their portfolio companies scale, access customers and commercialize their solutions. Visit shell.com/ventures to learn more about how they can help your company reach the next level of growth.SPAN are the makers of the award-winning SPAN Panel—a smart electrical panel that enhances how homeowners interact with their energy. Interested in advancing your career at one of the premier companies in Climate Technology or getting SPAN installed in your home? Visit www.span.io to learn more.About Powerhouse and Powerhouse Ventures Powerhouse is an innovation firm that works with leading global corporations and investors to help them find, partner with, invest in, and acquire the most innovative startups in clean energy, mobility, and climate. Powerhouse Ventures backs seed-stage startups building innovative software to rapidly decarbonize our global energy and mobility systems. You can learn more at powerhouse.fund, and you can subscribe to our newsletter at powerhouse.fund/subscribe.To hear more stories of founders building our carbon-free future, hit the “subscribe” button and leave us a review on Apple podcasts.

What this episode covers

Fusion could be a nearly waste-free, carbon-free, and all-geography answer to creating enough dispatchable power to get us through the energy transition. To achieve this, all components of a fusion power plant need to be built so that when fusion energy becomes a reality, we have the industry, infrastructure, and processes in place to distribute the power, and it has to be cost competitive. This is exactly what Bob Mumgaard, Co-Founder and CEO of Commonwealth Fusion Systems (CFS), is building. Today, CFS has more than 600 employees, has raised $2B, and is executing on their plan to make the “holy grail” of fusion energy possible.

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Commonwealth Fusion Systems Co-Founder and CEO Bob Mumgaard

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