# Proxima Fusion





Canonical: https://uniquebase.ai/companies/proxima-fusion
Stable identifier: UB-C9394
Snapshot captured: 2026-10-20T18:05:01.520Z
English updated: 2026-10-20T18:25:19.998Z

## Funding

Listed 1 record.
Latest: €411M (Series B), 2026-07-07.

- 2026-07-07 · €411M (≈ $470M) · Series B · East X Ventures, Google, RWE, XTX Ventures · https://www.proximafusion.com/press-news/proxima-fusion-raises-eu411-million-to-build-europes-commer
  > On July 7, 2026, per Proxima Fusion, stellarator fusion company raised €411M (about $468-470M) at a €2.4B valuation, co-led by XTX Ventures and East X Ventures with strategic participation from Google and RWE. The company was co-founded by Francesco Sciortino, Lucio Milanese, Jorrit Lion and others. (translated source brief)

## Valuation

Listed 1 record.
Latest: €2.4B (Series B), 2026-07-07.

- 2026-07-07 · €2.4B (≈ $2.7B) · Series B · East X Ventures, Google, RWE, XTX Ventures · https://www.proximafusion.com/press-news/proxima-fusion-raises-eu411-million-to-build-europes-commer
  > On July 7, 2026, per Proxima Fusion, stellarator fusion company raised €411M (about $468-470M) at a €2.4B valuation, co-led by XTX Ventures and East X Ventures with strategic participation from Google and RWE. The company was co-founded by Francesco Sciortino, Lucio Milanese, Jorrit Lion and others. (translated source brief)

## Revenue

No revenue records are listed yet.


## Team

- [Francesco Sciortino](/people/francesco-sciortino)
- [Jorrit Lion](/people/jorrit-lion)
- [Lucio Milanese](/people/lucio-milanese)

## Products

- [Proxima Fusion](/products/proxima-fusion)

## Investors

- [East X Ventures](/institutions/east-x-ventures)
- [Google](/institutions/google)
- [RWE](/institutions/rwe)
- [XTX Ventures](/institutions/xtx-ventures)

## Sources

- No source links are available for this profile.