Proxima Fusion raises €15.0M Series A round
9 September 2025· Munich, Germany· energy, fusion_energy, ai, industrial_software, deep_hardware, b2b
To accelerate engineering progress toward the Stellarator Model Coil (SMC) to de-risk major elements of HTS magnet technology for stellarators and enable large-scale purchase orders for HTS tape and manufacturing of structural support plates for the SMC.
Investors
LeadCassa Depositi e Prestiti Venture Capital
Also participating
European Innovation Council Fund (EICF)Brevan Howard Macro Venture Fund
About Proxima Fusion
Stage
Series A
Headquarters
Munich, Germany
Founded
2023
Team Size
51–200
Sectors
energyfusion_energyaiindustrial_softwaredeep_hardwareb2b