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1014 Munich’s Proxima Fusion raises additional €15M to power Europe’s fusion energy sovereignty

Silicon Canals
Vishal Singh @ Silicon Canals · 09/09/2025 03:00 EDT

Munich’s Proxima Fusion raises additional €15M to power Europe’s fusion energy sovereignty

Munich-based Proxima Fusion secures additional funding and outlines its next steps in developing stellarator-based fusion power plants. Munich-based fusion company Proxima Fusion has raised an additional €15M in an extension of its Series A round. Investors in the extension include CDP Venture Capital (Cassa Depositi e Prestiti Group), the European Innovation Council Fund (EICF), and ... Read more

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