Tech Company Financing Transactions

Proxima Fusion Funding Round

Proxima Fusion, based in Munich, secured $8 million from Achleitner Ventures, Bosch Holding and FlixFounders.

Transaction Overview

Company Name
Announced On
11/16/2023
Transaction Type
Venture Equity
Amount
$8,020,000
Round
Seed
Proceeds Purpose
Developer of fusion power reactors intended to produce abundant and emissions-free power. The company's technology engages in building the first generation of fusion power plants using QI stellarators that aim to generate electricity by fusing nuclei and creating renewable energy, enabling businesses to produce clean, abundant, and safe energy.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Ainmillerstrasse 27A, c/o Francesco Sciortino
Munich, 80801
DE
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
Proxima Fusion LinkedIn Company Profile
Social Media
Proxima Fusion Company Twitter Account
Company News
Proxima Fusion News
Facebook
Proxima Fusion on Facebook
YouTube
Proxima Fusion on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Francesco Sciortino
  Francesco Sciortino LinkedIn Profile  Francesco Sciortino Twitter Account  Francesco Sciortino News  Francesco Sciortino on Facebook
Chief Operating Officer
Lucio Milanese
  Lucio Milanese LinkedIn Profile  Lucio Milanese Twitter Account  Lucio Milanese News  Lucio Milanese on Facebook
Co-Founder
Martin Kubie
  Martin Kubie LinkedIn Profile  Martin Kubie Twitter Account  Martin Kubie News  Martin Kubie on Facebook
Co-Founder
Jorrit Lion
  Jorrit Lion LinkedIn Profile  Jorrit Lion Twitter Account  Jorrit Lion News  Jorrit Lion on Facebook
Co-Founder
Jonathan Schilling
  Jonathan Schilling LinkedIn Profile  Jonathan Schilling Twitter Account  Jonathan Schilling News  Jonathan Schilling on Facebook


 

 

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