Research & Development

Nuclear Fusion / German Startup Completes Pre-Seed Fundraising Of $7 Million

By David Dalton
5 June 2023

Company has also signed agreement with Max Planck Institute for Plasma Physics

German Startup Completes Pre-Seed Fundraising Of $7 Million
The Wendelstein7-X, the world’s most powerful stellarator. Courtesy Wolfgang Filser/Max Planck Institute for Plasma Physics.
Munich-based startup Proxima Fusion has completed its pre-seed fundraising of €7m ($7.5m) for the manufacture of a revolutionary fusion energy machine.

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