About Proxima Fusion
Proxima Fusion is a company based in Munchen (Germany) founded in 2023 by Jonathan Schilling, Martin Kubie, Lucio Milanese, Francesco Sciortino, and Jorrit Lion. Proxima Fusion has raised $195.85 million across 5 funding rounds from investors including Lightspeed Venture Partners, Cassa depositi e prestiti Group and European Commission. Proxima Fusion offers products and services including Fusion Power Plants, StarFinder, and High-Field Magnets. Proxima Fusion operates in a competitive market with competitors including Gauss Fusion, Steag Energy Services, AiNT, Preussen Elektra and Dual Fluid, among others.
- Headquarter Munchen, Germany
- Founders Jonathan Schilling, Martin Kubie, Lucio Milanese, Francesco Sciortino, Jorrit Lion
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Proxima Fusion Gmbh
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$195.85 M (USD)
in 5 rounds
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Latest Funding Round
$17.6 M (USD), Series A
Sep 09, 2025
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Investors
Lightspeed Venture Partners
& 24 more
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Employee Count
Not available
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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.
People of Proxima Fusion
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Funding Insights of Proxima Fusion
Proxima Fusion has successfully raised a total of $195.85M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $17.6 million completed in September 2025. 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.
Investors in Proxima Fusion
Proxima Fusion has secured backing from 25 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Cassa depositi e prestiti Group and European Commission.
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Early-stage investments are directed toward ICT and health tech startups.
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High-tech industries are targeted for investments by Bayern Kapital.
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Investment in Deep-Tech and Climate-Tech companies is facilitated.
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Investor details for Proxima Fusion
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Investments & Acquisitions by Proxima Fusion
Investment portfolio details for Proxima Fusion
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Financial Statements - Proxima Fusion
Detailed financials for Proxima Fusion
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Proxima Fusion Comparisons
Peer comparison for Proxima Fusion
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Competitors of Proxima Fusion
Proxima Fusion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gauss Fusion, Steag Energy Services, AiNT, Preussen Elektra and Dual Fluid, among others.
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Developer of nuclear energy projects
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Renewable energy projects are developed and EPC services are provided.
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Nuclear training and education services are offered by AiNT.
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Nuclear energy projects are developed in Hanover, Germany.
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Dual Fluid is reinventing nuclear power by using liquid lead as a coolant and converting nuclear waste into electricity.
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Detailed competitors of Proxima Fusion
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Latest news on 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 $195.85M across 5 funding rounds to date.
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, Areva NP and Steag Energy Services.
Proxima Fusion offers Fusion Power Plants, StarFinder, and High-Field Magnets.
Proxima Fusion has 25 investors. Key investors include Lightspeed Venture Partners, Cassa depositi e prestiti Group, European Commission, Balderton Capital, and Redalpine.