Proxima Fusion raises €130.0M Series A round
11 June 2025· Munich, Germany· energy, fusion_energy, ai, industrial_software, deep_hardware, b2b
To accelerate its mission to build the world's first commercial fusion power plant based on a stellarator design, complete its Stellarator Model Coil (SMC) in 2027, and finalize a site for Alpha, its demonstration stellarator, scheduled to begin operations in 2031.
Investors
LeadCherry Ventures
Also participating
Balderton CapitalPluralBayern KapitalOMNES CapitalVisionaries TomorrowredalpineHTGFLightspeedClub degli InvestitoriUVC PartnersElaia PartnersLeitmotifDeepTech & Climate Fonds (DTCF)Wilbe
About Proxima Fusion
Stage
Series A
Headquarters
Munich, Germany
Founded
2023
Team Size
51–200
Sectors
energyfusion_energyaiindustrial_softwaredeep_hardwareb2b