Proxima Fusion

News

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.

Francesco Sciortino, CEO of Proxima Fusion at the MSC Startup Hub

Startups

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…

Norrsken 100

News

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…

Proxima Fusion

News

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…

Proxima Fusion

News

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…

Proxima Fusion

News

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…

EIC Accelerator

News

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…

Technology Pioneers

News

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.…

Proxima Fusion

News

Proxima Fusion raises 20 million euros

Proxima Fusion secures €20 million in a seed financing round led by Redalpine. The investment is primarily intended…

Proxima Fusion

News

Proxima Fusion expands pre-seed round

The Munich-based startup Proxima Fusion has increased its pre-seed financing to 7.5 million euros.

Proxima Fusion

News

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.

Proxima Fusion

News

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…