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Proxima Fusion Raises €411 Million to Build Europe’s Commercial Fusion Champion

Proxima Fusion Raises €411 Million to Build Europe’s Commercial Fusion Champion

7.7.2026

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.

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Technology
How AI Changed the Way We Build at Proxima

How AI Changed the Way We Build at Proxima

29.6.2026

The last twenty years of the global economy were revolutionized by software. The next twenty will be revolutionized by AI-driven hardware, and Proxima Fusion intends to be at the center of that shift.

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News
Proxima Fusion Welcomes Sergei Galperin as Chief Financial Officer

Proxima Fusion Welcomes Sergei Galperin as Chief Financial Officer

1.6.2026

Proxima Fusion announced that Sergei Galperin has joined the company as Chief Financial Officer.

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Partnerships
Proxima Fusion convenes Industrial Development Board to scale Europe’s fusion future

Proxima Fusion convenes Industrial Development Board to scale Europe’s fusion future

13.5.2026

Proxima Fusion's new Industrial Development Board (IDB) brings together some of Europe's most experienced industrial and energy leaders to accelerate the shift from fusion science to large-scale industrial deployment.

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Proxima Fusion GmbH, Flößergasse 2, 81369 München, Deutschland

Eingetragen beim Amtsgericht München unter HRB 283423, Geschäftsführer Dr. Francesco Sciortino, Lucio Milanese

Registered at the District Court of Munich under HRB 283423, Managing Directors Dr. Francesco Sciortino, Lucio Milanese

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