Proxima Fusion Raises €411 Million At A €2.4B Valuation To Build Europe’s Commercial Fusion Champion

MUNICH & OXFORD, England & ZURICH, July 7 (Bernama) -- Proxima Fusion today announced a €411 million ($468 million) financing round, bringing the company’s valuation to €2.4 billion ($2.7 billion) and establishing Proxima as the best-funded fusion company in Europe.

The round was led by XTX Ventures and East X Ventures, with RWE and Google as strategic investors.