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Proxima Fusion Raises €411M at €2.4B Valuation for Stellarator Fusion

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News brief

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.

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  1. www.proximafusion.com ↗Published Jul 7, 2026
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

2026年7月7日,据Proxima Fusion公告,仿星器核聚变发电公司完成4.11亿欧元融资(约4.68亿至4.7亿美元),估值24亿欧元,XTX Ventures与East X Ventures领投,Google和RWE战略参与。公司由Francesco Sciortino、Lucio Milanese、Jorrit Lion等联合创立。