Proxima Fusion - About the company
Proxima Fusion is a series A company based in Munich (Germany), founded in 2023 by , , and . It operates as a Developer of fusion power plants. Proxima Fusion has raised $211M in funding from investors like Balderton Capital, Bayern Kapital and Redalpine. The company has 18 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like GSE Systems, Steag Energy Services and Areva NP.
Company Details
- Website
- Email ID
- @proximafusion.com
Key Metrics
Founded Year
2023
Location
Munich, Germany
Stage
Series A
Total Funding
in 4 rounds
Latest Funding Round
Investors
Ranked
2nd among
Similar Companies
&
Legal entities associated with Proxima Fusion
Proxima Fusion is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: HRB 283423 Germany, Active | Mar 23, 2023 | - | - | - |
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Proxima Fusion's funding and investors
Proxima Fusion has raised a total funding of $211M over 4 rounds. Its first funding round was on May 30, 2023. Its latest funding round was a Series A round on Jun 11, 2025 for $148M. 15 investors participated in its latest round, lead by Cherry Ventures and Balderton Capital.
Proxima Fusion has 25 institutional investors including Balderton Capital, Bayern Kapital and Redalpine. Alberto Dalmasso and 3 others are Angel Investors in Proxima Fusion.
Here is the list of recent funding rounds of Proxima Fusion:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Jun 11, 2025 | $148M | Series A | 1198064 | 7659638 | |
Apr 09, 2024 | $21.7M | Seed | 9423856 | 7388909 | Redalpine, Bayern Kapital, and |
Nov 06, 2023 | Undisclosed | Grant (prize money) | 5474863 | 8744962 |
View details of Proxima Fusion's funding rounds and investors
Proxima Fusion's founders and board of directors
The founders of Proxima Fusion are , , and .
Here are the details of Proxima Fusion's key team members:
- : Co-Founder of Proxima Fusion. They serve on the board of .
- : Co-Founder of Proxima Fusion. They serve on the board of .
- : Co-Founder of Proxima Fusion.
- : Co-Founder of Proxima Fusion.
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Proxima Fusion's Competitors and alternates
Top competitors of Proxima Fusion include GSE Systems, Steag Energy Services and Areva NP. Here is the list of Top 10 competitors of Proxima Fusion, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() GSE Systems 1971, Baltimore (United States), Acquired | Simulation tools for nuclear power plants | - | 53/100 | |
2nd | ![]() 2023, Munich (Germany), Series A | Developer of fusion power plants | $211M | Omnes Capital, Lightspeed Venture PartnersÌý&²¹³¾±è;Ìý | 51/100 |
3rd | ![]() Steag Energy Services 2010, Essen (Germany), Funding Raised | Developer of renewable energy project & EPC service | - | , Ìý&²¹³¾±è;Ìý | 25/100 |
4th | Developer of nuclear power plants | - | - | 25/100 | |
5th | Gauss Fusion 2021, Hanau (Germany), Series A | Developer of nuclear energy projects | $9.67M | 21/100 | |
6th | ![]() Preussen Elektra 2016, Hanover (Germany), Funding Raised | Developer of nuclear energy projects | - | 20/100 | |
7th | Developer of nuclear energy project | - | 18/100 | ||
8th | Provider of nuclear engineering & project services | - | - | 18/100 | |
9th | Provider of nuclear training and education services | - | , EIC Fund | 18/100 | |
10th | ![]() Dual Fluid 2021, Monchengladbach (Germany), Seed | Dual Fluid is reinventing nuclear power by using liquid lead as a coolant and converting nuclear waste into electricity. | $5.1M | - | 17/100 |
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Proxima Fusion's Investments and acquisitions
Proxima Fusion has made no investments or acquisitions yet.
Reports related to Proxima Fusion
Here is the latest report on Proxima Fusion's sector:
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News related to Proxima Fusion
Media has covered Proxima Fusion for a total of 8 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
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Power Technology•Jun 13, 2025•Proxima Fusion, Cherry Ventures, Balderton Capital, UVC Partners and 4 others
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manager magazin•Mar 28, 2025•Proxima Fusion
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Power Engineering International•Feb 28, 2025•Proxima Fusion
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The Wall Street Journal•Feb 26, 2025•Proxima Fusion
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Munich•Dec 18, 2024•Proxima Fusion
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PR Newswire•Dec 16, 2024•Proxima Fusion
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presseportal.de•Dec 10, 2024•Proxima Fusion
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la Repubblica•Apr 10, 2024•Proxima Fusion
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