Building stellarator fusion power plants—the clearest, most robust path to commercial fusion energy.
Building stellarator fusion power plants—the clearest, most robust path to commercial fusion energy.
Headquarters: Munich, Germany (offices at PSI, Switzerland and Culham, UK)
Founded / Spin-out: 2023 (spin-out from Max Planck Institute for Plasma Physics)
Tech focus: Quasi‑isodynamic (QI) stellarators with high‑temperature superconducting magnets
Employee count: Approximately 137
Funding (reported): Total > €185M after a €130M Series A (June 2025) plus earlier seed/pre-seed
Commercial fusion energy / electric power generation
2023
Electric Power Generation
€7.5M (pre‑seed / extension reported)
Pre‑seed and extension reported in 2023
≈€20M
Seed round reported April 9, 2024
€130M
Series A announced June 11, 2025
“Participation from European VCs, family offices and strategic investors including Cherry Ventures, Balderton Capital, UVC Partners, Plural, redalpine and others”
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Your Impact Are you an electrical engineer passionate about cutting-edge instrumentation, diagnostics and control systems? Proxima Fusion is seeking an experienced engineer who will contribute to the design and integration of instrumentation systems critical to the control, monitoring, and validation of fusion technologies. You will work on first-of-a-kind systems in a fast-paced, multidisciplinary R&D environment, contributing directly to the realisation of fusion power.
What You Will Do
Who You Are
INTERVIEW PROCESS