Series B

2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Feb 26, 2025 by Layla Madrone · across every show →

Everything said about Series B, oldest first

Feb 26, 2025 negative
Assertion Not checkable as stated
Madrone: Sunfolding was unprofitable and lost money per project before Series B
“We still weren't at positive margin, and so that means that effectively we're still kind of paying for each project. We are not making any money on any project, which means that we have all this great pipeline of projects, we have this portfolio we can use for…”
Layla Madrone Feb 26, 2025 ▶ 11:30 How supply chain chaos sank Sunfolding
Jun 18, 2025 positive
Assertion Supported
Needham: CFS built a breakthrough magnet in 38 months, raising $1.8B
“From our series A, that critical milestone was build that very, very powerful magnet, which people said you cannot do. There's not enough material in the world to build it. No one's ever done it. It's not going to work. We said, we'll do it in three years. Sha…”
Rick Needham Jun 18, 2025 ▶ 9:16 The tape that led to a fusion breakthrough
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