Proxima Fusion

Series A · Energy · Munich, Germany · Founded 2023 · 101–200 employees

Proxima Fusion is a German fusion energy deep-tech company developing next-generation stellarator fusion power plants that leverage advances in magnetic confinement, high-temperature superconducting magnets and computational design to pursue clean, abundant and safe fusion power with the goal of grid-ready operation in the 2030s, having rapidly scaled its team and secured record venture backing since its 2023 spin-out from the Max Planck Institute.

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