Proxima Fusion | Energy & Power | F4

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Company Overview Backed By Recent Activity Similar Companies Startup DNA

Proxima Fusion

Proxima Fusion is a European fusion energy company founded in 2023 in Munich, Germany, as the first research spin-off from the Max Planck Institute for Plasma Physics

Energy & Power

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Energy technology development

Model

01Company Overview

Proxima Fusion is a European fusion energy company founded in 2023 in Munich, Germany, as the first research spin-off from the Max Planck Institute for Plasma Physics. Its goal is to design the first generation of fusion power plants using a quasi-isodynamic stellarator (QI stellarator).

02Backed By4 investors

RRedalpine→BPBurda Principal Investments→HG

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High-Tech Gründerfonds

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EVEmpirical Ventures→

03Recent Activity

FROM High-Tech Gründerfonds

Portfolio company Proxima Fusion closed 411M EUR to build Europe's largest fusion energy demonstrator; backed by RWE, Google, XTX Ventures. Valued at 2.4B EUR.

MILESTONE·htgf.de

JUL 7, 2026

FROM Burda Principal Investments

Joined Proxima Fusion's €411M Series A2, backing Europe's best-funded fusion company as it builds toward commercial fusion power.

INVESTMENT·burdaprincipalinvestments.com

JUL 7, 2026

FROM Empirical Ventures

Backed Proxima Fusion, Europe's leading stellarator fusion company.

INVESTMENT·empiricalventures.vc

JUL 4, 2026

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05Startup DNA

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Energy & Power