Proxima Fusion closes €20m Seed round 10 April 2024 Proxima Fusion, a spin-out from Max Planck Institute, has raised €20M in a seed round led by redalpine and supported by Bayern Kapital, DTCF, and Max Planck Foundation. This funding…
Gauss Fusion receives €9m funding from BMBF 3 April 2024 Gauss Fusion has secured €9 million in funding from BMBF to develop demountable superconducting magnetic coils, aiming to simplify construction and maintenance of reactor components.
Proxima Fusion to benefit from €10m grant 26 March 2024 The Max Planck Institute for Plasma Physics (IPP) is set to receive four million euros to support two initiatives. These involve collaboration with Proxima Fusion on fundamental questions related to…
Germany announces €1bn ‘Fusion 2040’ funding program 13 March 2024 Germany’s Federal Ministry of Education and Research (BMBF) has launched "Förderprogramm Fusion 2040", a funding program with a goal to construct a fusion energy plant by 2040. The program will…
SPRIN-D launches Pulsed Light Technologies 7 March 2024 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
Focused Energy appoint CEO 28 February 2024 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
Proxima Fusion extends Pre-Seed round 16 November 2023 Proxima Fusion, a Munich-based startup, raised €7.5 million in pre-seed funding. New investors include Visionaries Tomorrow, Hummingbird Collective, and Achleitner Ventures, along with angel investors such as Jochen Engert and…
Marvel Fusion & CSU in partnership to build $150m laser facility 7 August 2023 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
Focused Energy gains another INFUSE award 25 July 2023 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
Gauss Fusion granted INFUSE award 25 July 2023 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
Focused Energy closes $11m to Series A round 22 June 2023 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
Focused Energy receives U.S. & German government funding 31 May 2023 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
