Proxima Fusion's €2.4 billion valuation speaks to the growing European determination to compete in the nascent fusion space.
Google, German utility RWE and British financial trader Alex Gerko's XTX Markets were among the investors in a €411 million ($468 million) financing round closed by Proxima Fusion, making the Munich-based start-up the most valuable fusion firm in Europe.
Google and RWE back Proxima Fusion in record €411mn round
Proxima Fusion raises €411M at €2.4B valuation, marking Google's first European fusion investment — TFN
Google, RWE back Proxima Fusion in €411 million financing round
Proxima Fusion secures massive backing from RWE and Google as fusion energy race heats up
Google backs Proxima Fusion in €411m raise
European fusion company Proxima raises €411m with backing from Google
Proxima Fusion Raises €411 Million at a €2.4B Valuation to Build Europe’s Commercial Fusion Champion
Google-Parent Alphabet Just Helped Turn This German Nuclear Fusion Startup Into a $2.4 Billion Company -
Proxima Fusion: Münchener Start-up wirbt 400 Millionen Euro ein
Fusione nucleare, Proxima Fusion raccoglie 411 milioni di euro: soldi anche da Google
Munich’s Proxima Fusion has raised €411mn from backers including Google and RWE, the largest private fusion round Europe has seen.
Munich-based Proxima Fusion secured €411M to build a stellarator demo plant in Bavaria, marking Google's first European fusion…
July 7 : Magnetic fusion start-up Proxima Fusion has raised €411 million ($469.69 million) from investors including Alphabet's…
Proxima Fusion secures massive funding from RWE and Google to build a €2 billion stellarator fusion plant in Germany, with…
Munich-headquartered Proxima Fusion has raised €411m at a €2.5bn valuation in a round led by XTX Ventures and East X Ventures.
Latest fusion company to secure backing from the tech giant
