This fusion startup just raised another $1 billion for its first commercial power plant

# Fusion Energy Startup Raises $1 Billion to Build Its First Power Plant A company called Commonwealth Fusion Systems just secured another $1 billion to construct its first commercial power plant in Virginia, expected to start producing electricity in the 2030s. Fusion energy—which could theoretically provide unlimited clean power—has been a "someday" technology for decades, but this startup is betting it's finally ready to move from research labs into real power generation. Major companies like Google and energy giant Eni are already lined up as customers, suggesting serious players believe this technology is close to working.