Proxima Fusion Investors

Proxima Fusion Investors **Note: This entry is a fusion technology company, not a venture fund.** Proxima Fusion was founded in 2023 as the first spin-off from the Max Planck Institute for Plasma Physics, building fusion power plants using stellarator technology. They've raised €200M in total funding including a €20M seed round (April 2024) and a subsequent Series A, with investors including redalpine, Bayern Kapital, DeepTech & Climate Fonds, and UVC Partners. The team hails from IPP, MIT, Harv