General InformationProxima Fusion is a German nuclear fusion startup founded in 2021 with 51-200 employees, focused on developing stellarator fusion reactors for commercial power generation.
Funding & FinancialsThe company has raised approximately €50 million+ across multiple rounds, with Series B funding secured to advance its Stellarator technology toward demonstration plants.
Leadership & TeamFounded by Dr. Dirk Sauer and a team of fusion physics experts from Max Planck Institute and European fusion research centers, bringing deep stellarator expertise to commercial development.
Recent ActivityProxima Fusion is actively constructing its Proxima Fusion 1 (PF1) demonstration reactor and has secured partnerships with industrial suppliers and research institutions to validate stellarator commercial viability.