
BIOGRAPHY
Why a Tech Power Player?
For advances in fusion energy, climate tech, and entrepreneurship.
Bob Mumgaard sees a future powered by clean, unlimited, fusion energy. In 2018, he founded CFS, a fusion energy startup company out of MIT. CFS's goal is to commercialize fusion power and bring clean energy to the grid to combat climate change. It has raised more than $2 billion from leading global investors.
Mumgaard has a Ph.D. in applied plasma physics and an M.S. in nuclear engineering from MIT, and a B.S. in mechanical engineering and a B.S. in engineering physics from the University of Nebraska.
CAREER MILESTONES
2021
Raised $1.8 billion in venture funding for Commonwealth Fusion Systems
2019
In collaboration with National Labs, CFS won U.S. Department of Energy Award
2016
Became postdoctoral fellow at MIT
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BIOGRAPHY
Why a Tech Power Player?
For advances in fusion energy, climate tech, and entrepreneurship.
Bob Mumgaard sees a future powered by clean, unlimited, fusion energy. In 2018, he founded CFS, a fusion energy startup company out of MIT. CFS's goal is to commercialize fusion power and bring clean energy to the grid to combat climate change. It has raised more than $2 billion from leading global investors.
Mumgaard has a Ph.D. in applied plasma physics and an M.S. in nuclear engineering from MIT, and a B.S. in mechanical engineering and a B.S. in engineering physics from the University of Nebraska.
CAREER MILESTONES
2021
Raised $1.8 billion in venture funding for Commonwealth Fusion Systems
2019
In collaboration with National Labs, CFS won U.S. Department of Energy Award
2016
Became postdoctoral fellow at MIT