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Proxima Fusion raises €411m in funding round

By Frank Prenesti

Date: Tuesday 07 Jul 2026

(Sharecast News) - German energy tech start up Proxima Fusion has secured a €411m financing round, pushing the company to a €2.4bn valuation, the company said on Tuesday.


The round drew strategic investments from Alphabet's Google and German energy giant RWE, which committed €25m. It also triggered a...

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