Proxima Fusion
About Proxima Fusion
Proxima Fusion is Europe's fastest-growing fusion startup, focused on building the first generation of fusion power plants using quasi-isodynamic (QI) stellarators. The company aims to revolutionize the energy sector by providing a sustainable and virtually limitless source of energy through nuclear fusion technology.
Business Information
Target Customers
Industry Categories
Business Model
Funding Timeline
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series A | Sep 09, 2025 | $15.0M | CDP Cassa Depositi e Prestiti, European Innovation Council Fund (EICF), Brevan Howard |
| Series A | Jun 11, 2025 | $148.0M | Unknown |
| Series A | Jun 11, 2025 | $130.0M | Breakthrough Energy Ventures |
Founders
No founder information available.
Investors
Breakthrough Energy Ventures
Venture Capital
Brevan Howard
Hedge Fund
CDP Cassa Depositi e Prestiti
Government-backed Investment Institution
European Innovation Council Fund (EICF)
Venture Capital
Recent Mentions
New Raise 🏛️ Company: Proxima Fusion 🔗 Website: https://t.co/RiGC8I1tGR 📊 Amount: €130 Million 🔄 Round: Series A 🧮 Valuation: N/A ⚙️ Industry: Energy
شركة Proxima Fusion الالمانية اغلقت جولة استثمارية فئة series A بقيمة 148 مليون دولار #استثمار #الاسهم_السعودية #الأسهم_الأوروبية https://t.co/sbUL9uCyyM
German start-up Proxima Fusion raised €130 million in a record funding round! The Series A financing round represents the largest private nuclear fusion investment round in Europe to date! #NuclearFusion #financing #Germany https://t.co/g3WAERMTnI
🔸 Proxima Fusion (Germany) raises €130M Series A (Europe’s largest fusion round) to build stellarator-based fusion power plant by 2031; backed by Breakthrough Energy Ventures.
@Proximafusion has been working on developing a stellarator for the last two years since it spun off from the @PlasmaphysikIPP. Now, Proxima has raised a €130M ($151M) Series A round of funding to support its fusion development efforts. https://t.co/vyHJ2gryYh
New Raise 🏛️ Company: Proxima Fusion 🔗 Website: https://t.co/RiGC8I1tGR 📊 Amount: €15 Million 🔄 Round: Series A extension 🧮 Valuation: N/A ⚙️ Industry: Energy
🚨 @proximafusion has raised a €15 million extension to its Series A round, bringing the total financing to €200 million. https://t.co/DCXVREnp4c CDP Cassa Depositi e Prestiti, the European Innovation Council Fund (EICF), and hedge fund Brevan Howard participated in the round. https://t.co/Gh66NVRgiX
Similar Startups
EX-Fusion
90% matchEX-Fusion is a pioneering startup focused on developing a commercial, laser-based nuclear fusion rea...
Realta Fusion
88% matchRealta Fusion is an innovative startup focused on transforming the energy sector through advanced te...
Helical Fusion
87% matchHelical Fusion is involved in the energy sector, specifically focusing on the development of nuclear...
QuiX Quantum
87% matchQuiX Quantum is the European market leader for quantum computing hardware based on photonics. The co...