Fusion energy company building the first commercial stellarator-based power plant with high-temperature superconductors.
| Date | Round | Amount |
|---|---|---|
| Jul 2026 | Series B Munich-based Proxima Fusion raised 411 million euros led by XTX Ventures and East X Ventures at a 2.4 billion euro valuation, the largest European fusion investment on record. | $468M |
| Feb 2026 | Grant Proxima Fusion secured 400 million euros from Bavaria as part of a 2 billion plan (with RWE and IPP) to build a stellarator test facility near Munich. | $464M |
| Sep 2025 | Series A Proxima Fusion extended its Series A by €15 million with CDP Venture Capital, the EIC Fund and Brevan Howard, bringing total funding to €200 million. | $17.4M |
| Jun 2025 | Series A Proxima Fusion raised a €130M ($150M) Series A, the largest private European investment in fusion, to complete the Stellarator Model Coil by 2027 and select the site for the Alpha demo plant. | $150M |
| Apr 2024 | Seed Munich-based Proxima Fusion raised a €20M seed led by redalpine to build a stellarator-based fusion power plant. | $21.6M |
| Nov 2023 | Pre Seed Munich-based Proxima Fusion extended its pre-seed to EUR7.5M, led by Plural and UVC Partners, to design commercial stellarator fusion power plants. | $8.1M |
| Nov 2023 | Seed Munich fusion startup Proxima Fusion raised an additional EUR 500k from Visionaries Tomorrow, Hummingbird Collective, the Bosch family and the Flixbus founders. | $540K |
| May 2023 | Pre Seed Munich fusion startup Proxima Fusion raised a EUR7M pre-seed co-led by Plural Platform and UVC Partners. | $7.5M |
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