Proxima Fusion

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08:33

2026-07-27

startupfortune.com

artificial-intelligence

Google backs Proxima Fusion in €411 million round as Big Tech bets on stellarators to solve the power crunch

Google joined a €411 million funding round for Munich-based fusion startup Proxima Fusion on July 7, marking the largest-ever private fusion investment in Europe and pushing the company's valuation to…

22:18

2026-07-13

startupfortune.com

artificial-intelligence

Fusion Investment Hit a Record $4.48 Billion, and Four Startups Took Most of It

Global investors poured a record $4.48 billion into fusion energy companies over the past year, with four startups—Commonwealth Fusion Systems, Inertia Enterprises, Helion Energy, and Proxima Fusion—a…

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Google 2 Commonwealth Fusion Systems 1 Helion Energy 1 Inertia Enterprises 1 Fusion Industry Association 1 Microsoft 1 General Fusion 1 XTX Ventures 1

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artificial intelligence 2 ai infrastructure 2 ai policy 1