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Proxima Fusion
Energy · Munich, Germany · Founded 2023
Designing optimised stellarator fusion reactors MoreLess
Proxima Fusion is a European startup focused on developing the first generation of fusion power plants using Quasi Isodynamic (QI) stellarators. These advanced fusion devices are designed to provide clean, abundant, and safe energy, addressing the limitations of traditional fusion technologies. The company leverages high-temperature superconductors and modern computational design to optimize magnetic confinement, ensuring continuous operation and intrinsic stability. Proxima Fusion serves the energy sector, targeting utilities and governments seeking sustainable energy solutions. The business model revolves around the development and commercialization of QI stellarator-based power plants, generating revenue through partnerships, licensing, and direct sales. By pioneering this cutting-edge technology, Proxima Fusion aims to complement renewable energy sources and lead the transition to a sustainable energy future.
Keywords: fusion power, QI stellarators, clean energy, high-temperature superconductors, magnetic confinement, energy sector, sustainable energy, computational design, power plants, European startup.
Company overview
Proxima Fusion company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2023
- Headquarters
- Munich, Germany
- Employees
- 159
- Open positions
- 21
- Dealroom signal
- 95.4
Valuation & funding
Proxima Fusion funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | Sep 2025 | $17M | $715M | Brevan Howard Asset Management · CDP Venture Capital · EIC Fund | ↗ |
| SERIES AOther financing | Jun 2025 | $143M | $572M | HTGF · Omnes Capital · Investors' club · DeepTech & Climate Fonds | ↗ |
| GRANTOther financing | Dec 2024 | $7.2M | — | Undisclosed | ↗ |
| SEEDOther financing | Apr 2024 | $22M | $88M | Bayern Kapital · Max Planck Foundation · Tomorrow Fund · HTGF | ↗ |
| EARLY VCOther financing | Mar 2024 | $0 | — | EIC Fund | — |
| GRANTOther financing | Mar 2024 | European Innovation Council | — | ||
| SEEDOther financing | Nov 2023 | Undisclosed | — | ||
| SUPPORT PROGRAMOther financing | Nov 2023 | Intel Ignite | ↗ | ||
| EARLY VCOther financing | May 2023 | Bayern Kapital · Hummingbird · Alberto Dalmasso · Wilbe Capital | ↗ | ||
| SPINOUTOther financing | Jan 2023 | Max Planck Institute for Plasma Physics · Max Planck Innovation · Max Planck Society | — |
Growth signals
Proxima Fusion website traffic
Latest recorded traffic for Proxima Fusion is 48K monthly website visits, up 23.1% over the last three months. Proxima Fusion's team grew 26.2% over the past year.
Hiring
Open positions at Proxima Fusion
Current openings linked to this company in Dealroom.
Comparisons
Proxima Fusion compared with similar companies
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Talent graph
Proxima Fusion's talent
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Global footprint
Where Proxima Fusion has talent and traffic
team presence
In the news
Latest news about Proxima Fusion
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Market sentiment
What the market is saying about Proxima Fusion
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Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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