Proxima Fusion logo — Building stellarators to power the future

Proxima Fusion

Building stellarators to power the future

Founded 2023 Germany Germany 179 employees Series Unknown Total: $662.00M Energy

General Information

Company Name Proxima Fusion
Founded Year 2023
Location Germany Germany +1
Employees 179
Industries Energy
Funding Stage Series Unknown
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Board Appointment Aug 20, 2026

Proxima Fusion announced Luc Rémont, Erich Clementi, Ann Mettler, and Michael Bolle joined its Industrial Development Board.

New Partnership Aug 12, 2026

Proxima Fusion is excited to expand its collaboration with UKAEA, citing UKAEA's engineering excellence.

In The News Aug 10, 2026

Featured on Tech: July 2026's top 10 European tech deals you need to know about

About Proxima Fusion

Proxima Fusion, founded in 2023, is quickly emerging as a transformative player in the energy industry, known particularly for building the first generation of stellarator fusion power plants. Headquartered in Germany, Proxima Fusion is Europe’s fastest-growing fusion company, embodying its slogan, "Building stellarators to power the future."

The innovative pursuit of fusion energy positions the company at the forefront of sustainable energy. Its recent €15.00M Series A funding round, completed on 09 September 2025, showcases robust investor confidence. This round attracted support from a consortium of prominent investors, including Bayern Kapital, Brevan Howard, CDP Venture Capital, European Innovation Council Fund (EICF), DeepTech & Climate Fonds (DTCF), High–Tech Gründerfonds (HTGF), and Max Planck Foundation.

Proxima Fusion's commitment to pioneering fusion technology signifies substantial potential for growth and lucrative returns, representing a compelling opportunity for investors looking to capture value in next-generation energy solutions.

Taxonomy: Stellarator Technology, Magnetic Confinement, High-Energy Particles, Fusion Power Plants, Innovative Energy Solutions, Climate Solutions, Energy Optimization, Europe’s Fusion Industry, Next-Gen Energy Tech, Advanced Energy Systems

Services & Products

Fusion Power Plant Conceptualization
Stellarator Design and Optimization
Engineering and Computational Research
Collaborative Project Development

Target Customers

Energy Companies Research Institutions Government Energy Departments Investment Entities in Renewable Energy

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Series Unknown •••••• 21
Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor
•••• ••••
07 Jul 2026
Series A •••••• 7
Investor Investor
•••• ••••
09 Sep 2025
Series A •••••• 13
Investor Investor Investor Investor Investor Investor Investor Investor Investor
•••• ••••
11 Jun 2025
Grant •••••• 1 •••• •••• 12 Oct 2024
Seed Round •••••• 1 •••• •••• 15 Jul 2024

View All 9 Funding Rounds

Proxima Fusion Alternatives & Competitors

View All Alternatives
Proxima Fusion vs

Pioneering the Engineering and Technology for a Sustainable Fusion-Powered Future.

Series C
67 employees
Clean Energy
Proxima Fusion vs

Discover the future in fusion at generalfusion.com.

Grant
152 employees
ESG, Energy
Proxima Fusion vs

Fusion powering the sustainable planet

Series A
43 employees
Clean Energy

FAQ About Proxima Fusion

Building stellarators to power the future
Proxima Fusion was founded in 2023.
Proxima Fusion is headquartered in Germany.
Proxima Fusion operates in the following industries: Energy.
Proxima Fusion has approximately 179 employees.
Proxima Fusion has completed 9 funding rounds, raising a total of $662.00M. The latest funding stage is Series Unknown.
Proxima Fusion offers: Fusion Power Plant Conceptualization, Stellarator Design and Optimization, Engineering and Computational Research, Collaborative Project Development.
Top alternatives and competitors to Proxima Fusion include Kyoto Fusioneering, General Fusion, Novatron Fusion Group AB, Xcimer Energy, Focused Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Proxima Fusion and Kyoto Fusioneering are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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