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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
Ranked
2nd among
Similar Companies
&
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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
Nov 06, 2023
Undisclosed
Grant (prize money)
5474863
8744962
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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:
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for GSE Systems
GSE Systems
1971, Baltimore (United States), Acquired
Simulation tools for nuclear power plants
-
53/100
2nd
Logo for Proxima Fusion
2023, Munich (Germany), Series A
Developer of fusion power plants
$211M
51/100
3rd
Logo for Steag Energy Services
Steag Energy Services
2010, Essen (Germany), Funding Raised
Developer of renewable energy project & EPC service
-
, Ìý&²¹³¾±è;Ìý
25/100
4th
Logo for Areva NP
Areva NP
2001, Erlangen (Germany), Acquired
Developer of nuclear power plants
-
-
25/100
5th
Logo for Gauss Fusion
Gauss Fusion
2021, Hanau (Germany), Series A
Developer of nuclear energy projects
$9.67M
21/100
6th
Logo for Preussen Elektra
Preussen Elektra
2016, Hanover (Germany), Funding Raised
Developer of nuclear energy projects
-
20/100
7th
Logo for DfN
DfN
Heidelberg (Germany), Acquired
Developer of nuclear energy project
-
18/100
8th
Logo for plantIng
plantIng
2010, Cologne (Germany), Unfunded
Provider of nuclear engineering & project services
-
-
18/100
9th
Logo for AiNT
AiNT
2011, Stolberg (Germany), Funding Raised
Provider of nuclear training and education services
-
18/100
10th
Logo for Dual Fluid
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.
•
Power Technology•Jun 13, 2025•Proxima Fusion, Cherry Ventures, Balderton Capital, UVC Partners and 4 others
•
Venture Capital magazine•Jun 11, 2025•Proxima Fusion, Cherry Ventures, Balderton Capital
•
manager magazin•Mar 28, 2025•Proxima Fusion
•
Power Engineering International•Feb 28, 2025•Proxima Fusion
•
The Wall Street Journal•Feb 26, 2025•Proxima Fusion
•
Munich•Dec 18, 2024•Proxima Fusion
•
PR Newswire•Dec 16, 2024•Proxima Fusion
•
presseportal.de•Dec 10, 2024•Proxima Fusion
•
EU-Startups•Apr 10, 2024•Proxima Fusion, Bayern Kapital, Marvel Fusion, Earlybird and 10 others
•
la Repubblica•Apr 10, 2024•Proxima Fusion
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