Tech Company Financing Transactions
Proxima Fusion Funding Round
Proxima Fusion, operating out of Munich, secured $17.5 million in funding from Brevan Howard Investment Holdings, CDP Venture Capital and European Innovation Council Fund.
Transaction Overview
Company Name
Announced On
9/9/2025
Transaction Type
Venture Equity
Amount
$17,500,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to accelerate its engineering progress toward the SMC, which will de-risk major elements of HTS magnet technology for stellarators.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Ainmillerstrasse 27A, c/o Francesco Sciortino
Munich, 80801
DE
Munich, 80801
DE
Phone
Website
Email Address
Overview
We are a fusion energy startup based in Munich, Germany. We believe that fusion has the potential to provide clean, abundant and safe energy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Francesco Sciortino
Chief Operating Officer
Lucio Milanese
Co-Founder
Martin Kubie
Co-Founder
Jorrit Lion
Co-Founder
Jonathan Schilling
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