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Proxima Fusion Raises €411M at €2.4B Valuation, Backed by Google and XTX

The Munich-based fusion startup's round was led by quant trading firm XTX and East X, with Google participating as a strategic investor betting on fusion to power future AI data centers.

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Dara Okafor5d agoen

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Proxima Fusion raises €411M in record European fusion investment, reaches €2.4B valuation

Munich-based Proxima Fusion today announced a €411 million ($468 million) financing round, bringing the company’s valuation to €2.4 billion

eu-startups.com·9d ago

Proxima Fusion raises €411M in record European fusion investment, reaches €2.4B valuation

Munich-based Proxima Fusion today announced a €411 million ($468 million) financing round, bringing the company’s valuation to €2.4 billion

eu-startups.com·9d ago

Proxima Fusion raises $468mln for fusion energy push

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Google Invests in $468-Million Funding Round for German Fusion Group

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Proxima Fusion Raises €411 Million to Build Europe’s Commercial Fusion Champion

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Proxima Fusion Raises Record $468M from Google and RWE to Build First Commercial Fusion Plant

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