Investors: XTX Ventures, East X Ventures, Google, RWE, KfW Capital, SPRIND, Burda Principal Investments, Plural, UVC Partners, Balderton, Cherry Ventures, DST Global Partners, Brevan Howard Macro Venture, Lightspeed, DTCF, redalpine, Leitmotif, Elaia, CDP Venture Capital, Bayern Kapital, EIC Fund
Proxima Fusion develops stellarator fusion reactors to commercialize Europe's first commercial fusion power plant, raising €411 million ($468 million) in Series A funding.
Investors: XTX Ventures, East X Ventures, RWE, Google, KfW Capital, SPRIND, and others
German-based fusion energy company developing stellarator reactors raised €411 million ($468 million) to commercialize fusion technology and build European fusion champion.