Proxima Fusion
Building stellarators to power the future
Munich, Germany · Founded 2023 · $193.7M raised
- Headquarters
- Munich
- Employees
- 51–200
- Founded
- 2023
- Business Model
- B2B
- Website
- proximafusion.com
- Total Funding
- $193.7M
- Last Round
- $17.0M Series ASep 2025
- Rounds
- 4
About
Proxima Fusion is a Munich-based fusion energy company and the first spin-out from the Max Planck Institute for Plasma Physics. It is building the first generation of commercial fusion power plants using quasi-isodynamic (QI) stellarators, leveraging research from the record-breaking Wendelstein 7-X stellarator. Its Stellaris power plant concept, published in 2025, is designed for continuous grid-ready operation.
Summary
Proxima Fusion is a Clean Energy company based in Munich, Germany, founded in 2023. It has raised $193.7M in total across 4 rounds, most recently a $17.0M Series A round in Sep 2025. Investors include Plural, UVC Partners and Wilbe.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Sep 2025
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Investors
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