Proxima Fusion raises €411m in Europe’s biggest private fusion funding round
7 July 2026

Lead investors: East X Ventures, XTX Ventures
Fusion approach: Magnetic Confinement, Stellarator
Country/Region: EU, Germany
Tags: ALPHA, Balderton, Bayern Kapital, Brevan Howard Macro Venture, Burda Principal Investments, CDP, Cherry Ventures, DST Global Partners, DTCF, East X Ventures, EIC Fund, Elaia, Google, KfW Capital, Leitmotif, Lightspeed, Plural, Proxima Fusion, redalpine, RWE, SKion, SPRIND, UVC Partners, XTX Markets

