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
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Net Profit
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EBITDA
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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
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $17.6M
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First Round
First Round
(30 May 2023)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series A - Proxima Fusion | Valuation |
investors |
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| Jun, 2025 | Amount | Series A - Proxima Fusion | Valuation | Cherry Ventures , Balderton Capital | |
| Apr, 2024 | Amount | Seed - Proxima Fusion | Valuation | Redalpine , Bayern Kapital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are directed toward ICT and health tech startups.
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Founded Year | Domain | Location | |
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High-tech industries are targeted for investments by Bayern Kapital.
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Founded Year | Domain | Location | |
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Investment in Deep-Tech and Climate-Tech companies is facilitated.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Proxima Fusion
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Proxima Fusion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Proxima Fusion Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of nuclear energy projects
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| domain | founded_year | HQ Location |
Renewable energy projects are developed and EPC services are provided.
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| domain | founded_year | HQ Location |
Nuclear training and education services are offered by AiNT.
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| domain | founded_year | HQ Location |
Nuclear energy projects are developed in Hanover, Germany.
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| domain | founded_year | HQ Location |
Dual Fluid is reinventing nuclear power by using liquid lead as a coolant and converting nuclear waste into electricity.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Proxima Fusion
Frequently Asked Questions about Proxima Fusion
When was Proxima Fusion founded?
Proxima Fusion was founded in 2023.
Where is Proxima Fusion located?
Proxima Fusion is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Proxima Fusion a funded company?
Proxima Fusion is a funded company, having raised a total of $195.85M across 5 funding rounds to date. The company's 1st funding round was a Seed of $21.68M, raised on May 30, 2023.
What does Proxima Fusion do?
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.
Who are the top competitors of Proxima Fusion?
Proxima Fusion's top competitors include Gauss Fusion, Areva NP and Steag Energy Services.
What products or services does Proxima Fusion offer?
Proxima Fusion offers Fusion Power Plants, StarFinder, and High-Field Magnets.
Who are Proxima Fusion's investors?
Proxima Fusion has 25 investors. Key investors include Lightspeed Venture Partners, Cassa depositi e prestiti Group, European Commission, Balderton Capital, and Redalpine.