About Proxima Fusion
Proxima Fusion is an Energy & Utilities company based in Munchen (Germany) founded in 2023 by Jonathan Schilling, Martin Kubie, Lucio Milanese, Francesco Sciortino, and Jorrit Lion. Fusion power plants are developed for clean energy generation. Proxima Fusion has raised $663.85 million across 6 funding rounds from investors including Google, Lightspeed Venture Partners and RWE. The company has 194 employees. Proxima Fusion was last valued at $2.7 billion in July 2026. Its website proximafusion.com draws about 36 thousand monthly visits. Proxima Fusion offers products and services including Fusion Power Plants, StarFinder, and High-Field Magnets. Its focus areas include Energy, Nuclear Energy, Hardware Developer and Reactors. Its legal entity is Proxima Fusion GmbH. Its competitors include Gauss Fusion, Steag Energy Services and AiNT; 1 of its 3 listed competitors has raised funding.
Company details
Proxima Fusion offers Fusion Power Plants, StarFinder, High-Field Magnets while focusing on working in the energy sector, nuclear energy, hardware developer, reactors, nuclear fusion, magnetic, hydrogen, and stellarator. Developer of fusion power plants. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs.
- Headquarters Munchen, Germany
- Employees 194
- Founders Jonathan Schilling, Martin Kubie, Lucio Milanese, Francesco Sciortino, Jorrit Lion
- Stage Unicorn
- SectorsEnergy & Utilities
- Website category Business and Consumer Services · Business Services
- Email••••••••
- Website proximafusion.com
- Social LinkedIn Instagram YouTube
- Legal Name Proxima Fusion Gmbh
- Total Equity Funding$663.85M (USD)
in 6 rounds
- Latest Funding Round$468M (USD), Series A
Jul 2026
- InvestorsGoogle
& 35 more
- Employee Count194
Products & Services of Proxima Fusion
Proxima Fusion offers a comprehensive portfolio of products and services, including Fusion Power Plants, StarFinder, and High-Field Magnets.
Develops plants using QI stellarators for clean energy production.
Cloud-based framework for optimizing stellarator designs efficiently.
Utilizes HTS magnets for magnetic confinement in fusion systems.
Apps and channels of Proxima Fusion
its YouTube channel Proxima Fusion has 2.13K subscribers and 6 videos.
Videos from Proxima Fusion
The most watched videos on Proxima Fusion's YouTube channel, Proxima Fusion (2.13K subscribers). Click a video to play it here.
More on Proxima Fusion.
Funding Insights of Proxima Fusion
Proxima Fusion has successfully raised a total of $663.85M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $468 million completed in July 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $663.85M
- Total Rounds 6
- Last Round Series A — $468M
- First Round $8.14M
(May 2023)
- Investors Count 36
All 6 funding rounds of Proxima Fusion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2026 | $468M | Series A | – | – | |
| Sep 2025 | $17.6M | Series A | – | – | |
| Jun 2025 | $148.42M | Series A | – | Cherry Ventures, Balderton Capital | |
| Apr 2024 | $21.68M | Seed | – | Redalpine, Bayern Kapital | |
| Nov 2023 | Grant | – | – | ||
| May 2023 | $8.14M | Seed | – | UVC Partners, Plural |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Proxima Fusion
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $2.7B (Jul 2026). 36 investors in total: 33 institutional and 3 angel.
Investors in Proxima Fusion
Proxima Fusion has secured backing from 36 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Google, Lightspeed Venture Partners and RWE.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are directed toward ICT and health tech startups. | redalpine.com | Zurich, Switzerland | ||
High-tech industries are targeted for investments by Bayern Kapital. | bayernkapital.de | Landshut, Germany | ||
Investment in Deep-Tech and Climate-Tech companies is facilitated. | dtcf.de | Bonn, Germany | ||
Early-stage investments are made in high-tech startups by HTGF. | htgf.de | Bonn, Germany | ||
Wilbe is associated with scientist leaders and innovation. | wilbe.com | |||
Investments are directed toward enterprise software, mobility, and industrial technologies. | uvcpartners.com | Munich, Germany | ||
Tomorrow Fund is focused on natural resources asset management. | 2022 | tomorrowfund.us | Dallas, United States | |
A deep tech startup accelerator program is offered by Intel Ignite. | intelignite.com | |||
Investment support is offered to ambitious founders across Europe. | pluralplatform.com | London, United Kingdom | ||
Visionaries Club is engaged in venture capital investments for B2B tech startups. | visionaries.vc | Berlin, Germany |
Investor details for Proxima Fusion
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People of Proxima Fusion
11 people are tracked at Proxima Fusion (9 in leadership, 2 in team); the tracked headcount is 194.
| Name | Role | Group |
|---|---|---|
Lennart Bock | Head Of Operations | Leadership |
Jonathan Schilling | Co-Founder & Head of Labs | Leadership |
Martin Kubie | Co-Founder | Leadership |
Lucio Milanese | Co-Founder | Leadership |
Francesco Sciortino | Co-Founder | Leadership |
Jorrit Lion | Co-Founder | Leadership |
Hanna Schlegel | Chief Of Staff - Business Operations | Leadership |
Barrington D'Arcy | Chief Manufacturing Officer | Leadership |
Maria Dantz | Head Of Communications And Brand | Leadership |
Ching Tse | Special Projects & Process Development Lead | Team |
Jean-Claude Angles | Engineer | Team |
Complete people profiles for Proxima Fusion
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Proxima Fusion
4 dated milestones of Proxima Fusion across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Proxima Fusion is founded.
- Funding First funding round of $8.1M.
- Funding Latest funding round, Series A, of $468.0M.
- Milestone Reaches Unicorn status.
Competitors of Proxima Fusion
Proxima Fusion has 3 listed competitors in our database, 1 of them funded. They include Gauss Fusion, Steag Energy Services and AiNT.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gauss-fusion.com | 2021 | Hanau, Germany | $9.67M | Developer of nuclear energy projects | ||
| steag-energyservices.com | 2010 | Essen, Germany | 323 | Renewable energy projects are developed and EPC services are provided. | ||
| nuclear-training.de | 2011 | Stolberg, Germany | Nuclear training and education services are offered by AiNT. |
Detailed competitors of Proxima Fusion
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Web traffic of Proxima Fusion
The website of Proxima Fusion (proximafusion.com) receives about 36.1K visits a month and ranks #979,075 among all websites worldwide, #7,994 in Business Services.
- Monthly visits36.1K
▲ 34.3% vs previous month
- Unique visitors11.3K
per month
- Global rank#979,075
among all websites
- Category rank#7,994
Business and Consumer Services · Business Services
- Bounce rate41%
- Pages per visit2.4
- Average visit43 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with Proxima Fusion. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| munich-startup.de | 100% | #615,355 | View details | ||
| siliconcanals.com | 100% | 1.6M | #30,695 | View details |
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Related news about Proxima Fusion
Complete news archive for Proxima Fusion
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Frequently Asked Questions about Proxima Fusion
Proxima Fusion was founded in 2023.
Proxima Fusion is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Proxima Fusion is a funded company, having raised a total of $663.85M across 6 funding rounds to date. The company's 1st funding round was a Seed of $8.14M, raised on May 2023.
Proxima Fusion has 194 employees.
Proxima Fusion offers Fusion Power Plants, StarFinder, High-Field Magnets while focusing on working in the energy sector, nuclear energy, hardware developer, reactors, nuclear fusion, magnetic, hydrogen, and stellarator. Developer of fusion power plants. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs.
Proxima Fusion's top competitors include Gauss Fusion, Steag Energy Services and AiNT.
Proxima Fusion offers Fusion Power Plants, StarFinder, and High-Field Magnets.
Proxima Fusion has 36 investors. Key investors include Google, Lightspeed Venture Partners, RWE, Cassa depositi e prestiti Group, and UnternehmerTUM.
The valuation of Proxima Fusion is $2.7B as of Jul 2026.
Proxima Fusion operates through Proxima Fusion Gmbh.