Commonwealth Fusion Systems has secured $1 billion in new equity financing to accelerate the commercial launch of a full-scale fusion-based power plant.
Commonwealth Fusion Systems has secured $1 billion in new equity financing to accelerate the commercial launch of a full-scale fusion-based power plant.
This funding round brought together various institutional investors, including pension funds, sovereign wealth funds, infrastructure investors, and strategic industrial partners. This capital inflow followed just over a year after the company raised $863 million.
To date, the startup, which has existed for about a year, has raised a total of $4 billion since its founding in 2018. The company notes that this amount accounts for approximately 30% of all capital invested in fusion energy companies globally. CFS is also noted as being the most productive among private entities in this field.
According to the company, continuous technological advancements have shifted the transition to commercial fusion from merely a long-term scientific goal to an era of practical energy delivery. The funding will be primarily directed towards the construction of the SPARC demonstration machine in Devens, Massachusetts, USA. The goal of SPARC is to prove that a compact fusion reactor can generate net positive energy for global commercial use.
Furthermore, CFS is developing another fusion power plant called ARC, located in Chesterfield County, Virginia, USA. ARC is expected to become one of the first commercial fusion power plants capable of operating at a regional grid scale. The company has applied to PJM Interconnection to ensure future integration into regional power grids across the country.
CFS is among the earliest fusion energy developers to apply for grid connection approval in the United States. Google and Eni will jointly acquire more than half of the projected electricity from this station under a purchase agreement. Nuclear fusion combines hydrogen isotopes at temperatures similar to the Sun's temperature to produce clean energy through nuclear reactions. The company asserts that fusion does not produce long-lived radioactive waste and eliminates the risk of catastrophic nuclear meltdown.
CFS is developing advanced magnetic technology supporting fusion energy systems and electric transport applications through superconductivity innovations. The company is creating smaller tokamaks using superconducting magnets to improve efficiency and enable a more compact reactor design. The physical demonstration of SPARC marks the next major engineering milestone on the path to global production of commercial fusion energy.
The new funding aligns with a broader trend in the fusion industry where long-term institutional investors are pouring money into the sector amid growing technical achievements, thereby lowering development risks. While early investment rounds were led by venture capital firms, funding is now coming from infrastructure and industrial investors aiming to secure a place in the growing markets of future clean energy.
In addition to implementing the SPARC project, CFS aims to accelerate the engineering work, manufacturing, and commercial readiness of the ARC project. Strategic partnerships with various energy suppliers and technology firms are critically important for this. There is an urgent need and growing interest in securing a commercial base of clean energy to meet the ever-increasing global demand for electricity, and CFS intends to lead this transition through technology, infrastructure, and commercial engagement.
ProphetX has successfully secured a funding round of $35 million USD. These funds are intended to strengthen its sports betting and prediction markets platform, which operates under federal regulation.
With the new financing, ProphetX plans to enhance its product value, increase market liquidity, and solidify business relationships supporting the company's growing B2B model. The company intends to use the funds to scale its proprietary technology platform, boost liquidity across various markets, and create new product categories for both retail consumers and corporate clients. Additionally, a portion of the funds will support overall business growth.
Instead of relying solely on end-user activity, ProphetX plans to provide its exchange infrastructure to business partners. This will allow these partners to integrate regulated prediction markets into their own services and products. The company also aims to strengthen its patented Parlay Mechanism Request for Quote (RFQ) system. This mechanism enables users to directly enter into and price multi-event contracts with counterparties, ensuring greater pricing transparency, flexibility, and efficiency.
Unlike traditional online bookmakers, which take a position on every bet placed, ProphetX functions as a peer-to-peer exchange. Users bet against each other. ProphetX earns a commission in the form of a low, fixed, transparent fee for every accepted bet, rather than compensating one side's losses with the winnings of other customers. This exchange model allows participants to collectively determine market prices, improving price discovery and liquidity, and bringing the platform closer to financial exchanges than to traditional betting operators.
After transitioning from a sweepstakes platform to a federally regulated prediction market, the company has demonstrated encouraging early growth. In its first month operating under the new regulatory framework, ProphetX recorded a 50% increase in active users and assets on the platform. Investors believe that ProphetX is well-positioned to capitalize on the growing convergence of financial markets and event-based trading. The presence of venture capital firms alongside proprietary trading firms reflects increasing institutional interest in regulated prediction markets as a new asset class.
CEO Dean Sison stated that the latest funding provided the necessary resources to meet growing demand from consumers and institutions. He noted that prediction markets are becoming a permanent part of the American financial landscape, and ProphetX aims to become a leading platform in this sector. Representatives from Parlay Capital described ProphetX as a company building infrastructure that can influence how both retail users and institutional investors participate in sports prediction markets. Data Point Capital also emphasized the importance of the company's regulatory standing and technological platform in the evolving market.
Multiverse Computing, a Spanish technology player, has reached a significant financial milestone by raising $570 million in a major Series C funding round. These funds are intended to scale its energy-efficient software globally.
The deal, led by Forgepoint Capital International, BNPP Solar Impulse Venture Fund, and Bullhound Capital, values the San Sebastián-based company at $1.7 billion pre-money. Additional participants in the round include HP Inc., Orange Ventures, Scania Invest, and Santander.
Multiverse Computing has gained a reputation for challenging the common belief that powerful artificial intelligence requires massive data centers and colossal energy consumption. Co-founders Enrique Lizaso and Dr. Roman Orus created CompactifAI to change the approach to working with software models in business. This software uses tensor networks to compress large language models, reducing their size by 80% to 95% while maintaining overall accuracy.
Thanks to these sophisticated tools, it is now possible to run them on local processors, avoiding huge electricity bills. CEO Enrique Lizaso emphasized that businesses no longer have to rely solely on expensive cloud data centers to achieve high performance.
Running software on local hardware offers significant advantages to modern corporations. Complete dependence on remote cloud servers leads to latency issues, high costs, and serious privacy risks. Multiverse eliminates this bottleneck by placing compressed intelligence directly onto edge devices. Now, smartphones, autonomous vehicles, industrial cameras, and satellites can perform complex tasks without an active internet connection.
Major companies such as Bosch, Telefónica, Allianz, and the Bank of Canada are already implementing these solutions to optimize daily operations. The software also includes an intelligent router that determines whether a task should be executed locally on the phone or sent to a cloud server, thereby saving computational power at every stage.
The injection of $570 million in the Series C will actively support Multiverse's global growth strategy. The company plans to establish specialized hubs in North America, the Middle East, East Asia, and Southeast Asia. The goal is to deliver green computing tools directly to local commercial centers. A significant portion of the capital will also be directed towards supporting sovereign AI projects, as governments and corporate clients require software platforms to be hosted on their own territory to comply with strict regional laws.
Multiverse provides an operating system layer that helps regional mega-factories function efficiently without dependence on foreign cloud providers. The commercial momentum supports this strategic leap. Since the Series B round in 2025, Multiverse's annual revenue has grown more than tenfold, and sales in the first quarter of 2026 increased by 96 times compared to the previous year, making it one of Europe's fastest-growing deep tech companies.
