Day: Proxima Fusion
Needs Review
Proxima Fusion plans first commercial fusion power plant
Together with partners, the Munich-based startup Proxima Fusion plans to build a commercial fusion power plant. A demonstration reactor is to be built beforehand in Garching.
Inside Stories
At the limit of what is possible – Proxima Fusion's vision at the Munich Security Conference
Fusion – that sounds like huge research facilities, decades of development time, and billion-dollar government projects. Francesco Sciortino wants to change that. With Proxima Fusion…
Needs Review
Five Munich startups among the Norrsken/100
The Norrsken Foundation has published this year's Impact/100 list – and Munich is strongly represented: five startups from the state capital…
Deals
Proxima Fusion raises 15 million euros
Proxima Fusion expands its Series A financing round by €15 million, bringing its total funding to €200 million. New investors from…
Deals
130 million euros for Proxima Fusion
The Munich-based startup Proxima Fusion has secured €130 million in a Series A financing round—a record sum for European fusion energy. The goal…
Deals
Proxima Fusion receives 6.5 million euros in research funding
The Munich-based startup Proxima Fusion has received €6.5 million for a research partnership. The "AI for Fusion" program…
Deals
Seven Munich startups receive funding from the EIC Accelerator
The European Commission has selected 68 startups from 969 applications for support through the EIC Accelerator – including…
Needs Review
Four Munich startups among the WEF’s Technology Pioneers
Once a year, the World Economic Forum (WEF) selects 100 particularly promising startups that develop and implement new technologies and innovations.…
Deals
Proxima Fusion raises 20 million euros
Proxima Fusion secures €20 million in a seed financing round led by Redalpine. The investment is primarily intended…
Deals
Proxima Fusion expands pre-seed round
The Munich-based startup Proxima Fusion has increased its pre-seed financing to 7.5 million euros.
Needs Review
Proxima Fusion starts cooperation with other fusion startups
With Proxima Fusion, Gauss Fusion, and Focused Energy, three German fusion startups have joined forces to combine their research and development activities.
Deals
7 million euros for Proxima Fusion
The Munich-based startup Proxima Fusion is developing a fusion power plant based on the so-called Stellerator concept. In its pre-seed round, the spin-off secured…
