Proxima Fusion GmbH
PulseAugur coverage of Proxima Fusion GmbH — every cluster mentioning Proxima Fusion GmbH across labs, papers, and developer communities, ranked by signal.
- 2026-07-10 funding Proxima Fusion GmbH secured €411 million (approximately $470 million) to build a demonstration facility for nuclear fusion energy. source
- 2026-07-08 funding Proxima Fusion GmbH raised €411 million in a funding round led by XTX Ventures and East X Ventures, with participation from Alphabet's Google and RWE, valuing the company at €2.4 billion. source
- 2026-07-08 funding Proxima Fusion secured 411 million euros in a funding round, reaching a valuation of 2.4 billion euros, with participation from Google and RWE. source
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Germany repurposes nuclear plants for fusion energy, attracting major investment
Germany is embarking on a high-risk, high-reward strategy to repurpose two decommissioned nuclear power plants into controlled nuclear fusion energy projects. This initiative aims to bolster Europe's industrial competit…
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Proxima Fusion raises $470M at $2.7B valuation for fusion tech
Proxima Fusion GmbH, a Munich-based magnetic confinement fusion startup, has successfully raised €411 million (approximately $470 million) in a funding round led by XTX Ventures and East X Ventures. The investment, whic…
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Proxima Fusion raises €411M at €2.4B valuation with Google and RWE backing
Proxima Fusion, a Munich-based startup focused on magnetic confinement fusion, has secured 411 million euros (approximately $470 million USD) in a funding round. The investment, which values the company at 2.4 billion e…
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Chinese firms forecast strong H1 2026 profits amid commodity booms · 10 sources tracked
Several Chinese companies have announced strong first-half 2026 net profit forecasts, driven by various factors including commodity price increases and market demand. Power Diamond expects a 209%-259% year-on-year net p…
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Hugging Face launches Hugging Science platform for AI in research
Hugging Face has launched Hugging Science, a new platform dedicated to AI for scientific research. The initiative aims to centralize open models and datasets relevant to various scientific domains, simplifying access fo…