Proxima Fusion

Energy · Munich, Bavaria · Founded 2023 · Privately Held (backing)

Developer of fusion power plants designed to produce emissions-free power. Proxima Fusion is based in Munich, Bavaria and was founded in 2023. It was valued at $2.7 billion at its Series A2 in Jul 2026, the last priced event on record. It has raised $255 million across 5 recorded rounds; the latest was a $468 million Series A2 in Jul 2026.

PMV mark · valuation
$2.7B
Oct 2026
Priced at
its Series A2
Jul 2026
Total raised
$255.3M
Last round
Series A2
Jul 2026

Who backs Proxima Fusion?

39 investors
InvestorType
European Innovation CouncilVenture capital
Lightspeed Venture PartnersVenture capital
High-Tech GründerfondsVenture capital
European UnionOther
Cherry VenturesVenture capital
Balderton CapitalOther
Bayern KapitalVenture capital
Elaia PartnersVenture capital
RedalpineVenture capital
Club degli investitoriAngel
+ 29 more investors · a free account shows the complete list
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Proxima Fusion investors

39 investors are on record for Proxima Fusion, including European Innovation Council, Lightspeed Venture Partners, High-Tech Gründerfonds and European Union. By type, the record holds 12 venture capital firms and 2 family offices.

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