Novatron Fusion Group AB
Fusion powering the sustainable planet
43 employees · est. 2019 · Stockholm, Sweden
Novatron Fusion Group AB is the older company (2019 vs 2023); Proxima Fusion is the larger of the two.
Side-by-Side Comparison
| Metric | Novatron Fusion Group AB | Proxima Fusion |
|---|---|---|
| Founded | ||
| Founded | 2019 older | 2023 |
| Headquarters | ||
| Headquarters | Stockholm, Sweden | Germany |
| Employees | ||
| Employees | 43 | 179 larger |
| Industry | ||
| Industry | Clean Energy | Energy |
| Funding Stage | ||
| Funding Stage | Series A | Series Unknown |
| Total Funding | ||
| Total Funding | $18.00M | $662.00M |
| Funding Rounds | ||
| Funding Rounds | 4 | 9 |
| Services | ||
| Services | Development and commercialization of fusion reactor technology for clean and sustainable energy production | Fusion Power Plant Conceptualization, Stellarator Design and Optimization, Engineering and Computational Research, Collaborative Project Development |
| Target Customers | ||
| Target Customers | Governments, private sector energy companies, research institutions, and technology investors interested in clean energy solutions | Energy Companies, Research Institutions, Government Energy Departments, Investment Entities in Renewable Energy |
| Taxonomy | ||
| Taxonomy | Nuclear Fusion Technology, Energy Production, Sustainable Energy, Climate Change Mitigation, Proprietary Fusion Power Concept, Plasma Physics, Renewable Energy Solutions, Clean Energy Innovation, Renewable Energy Technology, Green Energy Development | 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 |
| Website | ||
| Website | novatronfusion.com | proximafusion.com |
About Novatron Fusion Group AB
Novatron Fusion Group AB, a Swedish company founded in 2019, is making strides in revolutionizing the field of nuclear fusion for energy production. The company is home to a team of top-tier talent from around the world and is spearheading efforts to fast-track the transition to commercial fusion po...
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,...
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BounceWatch watches Novatron Fusion Group AB and Proxima Fusion for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Novatron Fusion Group... and Proxima Fusion — by email.
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Compiled from the BounceWatch company index. We last looked at Novatron Fusion Group AB on 25 Mar 2025, and Proxima Fusion on 28 May 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.