Proxima Fusion raises $470.0M (Germany, Jul 2026)
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Backed by XTX Ventures, East X Ventures +2 more · verified emails and LinkedIn on Datapile
Google backs Proxima Fusion in €411 million round as Big Tech bets on stellarators to solve the power crunch - Startup Fortune
Proxima Fusion is a startup focused on developing fusion energy technology, specifically utilizing a stellarator design for continuous power generation. The company aims to create a net-energy stellarator demonstrator, Alpha, with funding from notable investors like Google and RWE. This round of funding positions Proxima as Europe's best-funded fusion startup, highlighting the increasing interest from Big Tech in sustainable energy solutions.
Google backs Proxima Fusion in €411 million round as Big Tech bets on stellarators to solve the power crunch Startup Fortune
| Aug 24, 2026 | NEURA Robotics | $1.20B | — | Germany |
| Aug 18, 2026 | Computomics | $6.7M | Series B | Germany |
| Aug 17, 2026 | amber | $7.5M | Series A | Germany |
| Aug 07, 2026 | NavVis | $79.4M | — | Germany |
14,105 investors back startups in Germany
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