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Proxima Fusion
Building stellarator fusion power plants—the clearest, most robust path to commercial fusion energy.
Proxima Fusion
Building stellarator fusion power plants—the clearest, most robust path to commercial fusion energy.
TL;DR
Headquarters: Munich, Germany
Mission: Develop commercial quasi‑isodynamic stellarator fusion power plants
Founded: Early 2023
Recent raise: €130M Series A (2025)
Total funding: €185M–€200M (mid‑2025)
Employee count: 148
Company Overview
Problem Domain
Commercial fusion energy generation using stellarator reactor technology.
Founded
2023
Industry
Electric Power Generation
Funding Track Record
€130M
Round announced June 2025; broad participation from European VCs and funds
Investor Signal
“Co‑led by Cherry Ventures and Balderton Capital with participation from multiple European VCs and public funds”
Founders
What we do
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