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Bob Mumgaard
  • Industry

    Cleantech

  • Location

    Boston, MA

  • Social Media
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Bob Mumgaard

TECH POWER PLAYERS 50 | RANKED #48

Cofounder and CEO, Commonwealth Fusion Systems

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

SIMILAR PROFILES

tech blue and black background

TECH POWER PLAYERS 50 | RANKED #48

Bob Mumgaard

Cofounder and CEO, Commonwealth Fusion Systems

Bob Mumgaard
  • Industry

    Cleantech

  • Location

    Boston, MA

  • Social Media

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

RELATED ARTICLES
Major breakthrough in fusion could be a game-changer for clean energy

Major breakthrough in fusion could be a game-changer for clean energy

In ‘an interesting collision,’ Carmichael Roberts takes on the climate crisis

In ‘an interesting collision,’ Carmichael Roberts takes on the climate crisis

After years of doubts, hopes grow that nuclear fusion is finally for real and could help address climate change

After years of doubts, hopes grow that nuclear fusion is finally for real and could help address climate change

SIMILAR PROFILES