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Proxima Fusion

ClimateTechMunich, Germany

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.

$470MVisit website ↗

🏆 Featured in Datapile’s Q3 2026 Germany Funding Report

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Funding history

  1. $470M2026-07-27
    Source: news.google.com ↗

Investors in Proxima Fusion

Backers from this company's tracked funding rounds.

  • XTX Ventures
  • East X Ventures
  • Google
  • RWE

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