Research & Development

Proxima Fusion Secures €130 Million To Develop Stellarator Fusion Plant

By David Dalton
18 June 2025

Munich-based company recently revealed concept design for ‘Stellaris’

Proxima Fusion Secures €130 Million To Develop Stellarator Fusion Plant
Proxima recently revealed a concept design for what it said is the world’s most viable commercial nuclear fusion power plant. Courtesy Proxima Fusion.
European fusion energy developer Proxima Fusion has closed €130m ($150m) Series A financing to develop its fusion power plant based on a stellarator design.

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