Proxima Fusion
Clean Energy · Infrastructure
Proxima Fusion closes €411M round with Google, RWE backing
July 7, 2026$468M · funding round
The Munich fusion startup raised €411 million at a €2.4 billion valuation, with XTX Ventures and East X Ventures leading and Google and RWE joining strategically.
Lead Investors
XTX VenturesEast X Ventures
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