News
08 July 2026

Proxima raises €411m for German fusion demonstrator

In:
Power
Region:
Europe

Proxima Fusion has raised €411 million ($468 million) to develop its Alpha fusion demonstrator near Munich, Germany. XTX Ventures and East X Ventures led the round, with RWE and Google joining as strategic investors. KfW Capital, SPRIND and Burda Principal Investments also joined,...

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