About the Startup
Munich-based startup spun out of the Max Planck Institute for Plasma Physics (IPP) in 2023 developing QI-HTS stellarator fusion reactors. Proxima aims to demonstrate net energy gain with its Alpha demonstration reactor and later deliver commercial fusion plants (Stellaris) using high-temperature superconductors and simulation-driven engineering.
Frequently Asked Questions
What type of funding round did Proxima Fusion raise?
Proxima Fusion raised a series-a round.
How much did Proxima Fusion raise in its series-a?
Proxima Fusion raised $15,000,000 USD in its series-a.
When did Proxima Fusion raise its series-a?
Proxima Fusion raised its series-a on 2025-09-09.
Who invested in Proxima Fusion's series-a?
The investors in Proxima Fusion's series-a are: CDP (Cassa Depositi e Prestiti), European Innovation Council Fund (EICF), Brevan Howard Macro Venture Fund, Deep Tech & Climate Fund (DTCF), High-Tech Gründerfonds (HTGF), Max-Planck-Förderstiftung.
What type of investment was Proxima Fusion's series-a?
Proxima Fusion's series-a was a equity investment.