{"id":"d03c4782-afdf-4931-9cdc-24424e9be584","kind":"news","code":"d03c4782-afdf-4931-9cdc-24424e9be584","name":"Proxima Fusion Raises €411M at €2.4B Valuation for Stellarator Fusion","nameBasis":"translated-title","summary":"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.","description":"","country":null,"category":null,"originalName":"Proxima Fusion完成4.11亿欧元融资，估值24亿欧元","eventDate":"2026-07-07T00:00:00.000Z","website":"https://www.proximafusion.com/press-news/proxima-fusion-raises-eu411-million-to-build-europes-commer","sourceUpdatedAt":"2026-10-17T23:00:19.950Z","englishUpdatedAt":"2026-10-20T18:21:32.462Z","reviewedAt":"2026-10-20T18:21:32.462Z","snapshotAt":"2026-10-20T18:19:32.670Z","sourceHash":"b071aeba6866aed4a9534b273624c421b8ed071e8b5599816a7d0425dc623f63","companyId":"7224338c-af08-432f-9b07-cbd24f6b4a59","foundedYear":null,"logoUrl":null,"originalText":"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。","sources":[{"url":"https://www.proximafusion.com/press-news/proxima-fusion-raises-eu411-million-to-build-europes-commer","publishedOn":"2026-07-07T00:00:00.000Z"}],"related":[{"id":"cef5f79b-a8c6-4fcd-8347-43f0589baf1a","kind":"institutions","code":"UB-I2732","name":"East X Ventures","nameBasis":"original-brand","summary":"East X Ventures, a venture capital firm focused on technology investments.","description":"East X Ventures, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"East X Ventures","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:30:26.835Z","englishUpdatedAt":"2026-10-15T17:35:39.770Z","reviewedAt":"2026-10-15T17:35:39.770Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"ea0f9a23ac6d6ada32f1aa6335f1be7ba852dafada6214a3f63493408e3fa47e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/east-x-ventures"},{"id":"48b81d40-b734-4f70-aa56-f677842be080","kind":"institutions","code":"UB-I113","name":"Google","nameBasis":"original-brand","summary":"The strategic investment division of the Google/Alphabet parent entity, focused on enterprises in the technology ecosystem.","description":"The strategic investment division of the Google/Alphabet parent entity, focused on enterprises in the technology ecosystem.","country":"United States","category":null,"originalName":"Google","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-20T07:00:16.046Z","englishUpdatedAt":"2026-10-20T18:26:50.061Z","reviewedAt":"2026-10-20T18:26:50.061Z","snapshotAt":"2026-10-20T18:10:00.657Z","sourceHash":"8040043585556ef163f12bf1c699e14018ba0eb04090aa626996942fb08a5e7f","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/google"},{"id":"7224338c-af08-432f-9b07-cbd24f6b4a59","kind":"companies","code":"UB-C9394","name":"Proxima Fusion","nameBasis":"source-english","summary":"","description":"","country":null,"category":null,"originalName":"Proxima Fusion","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-12T00:00:00.000Z","englishUpdatedAt":"2026-10-20T18:25:19.998Z","reviewedAt":"2026-10-20T18:25:19.998Z","snapshotAt":"2026-10-20T18:05:01.520Z","sourceHash":"f8845cc8799a41e1aa661ede873dd97ad64e5025206865a509c436e80a3194a4","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/companies/proxima-fusion"},{"id":"effd747b-209a-44c6-a5d7-bba8aab13ed4","kind":"institutions","code":"UB-I2773","name":"RWE","nameBasis":"original-brand","summary":"RWE, a corporate investment entity undertaking strategic investments.","description":"RWE, a corporate investment entity undertaking strategic investments.","country":null,"category":null,"originalName":"RWE","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:30:27.411Z","englishUpdatedAt":"2026-10-15T17:35:39.972Z","reviewedAt":"2026-10-15T17:35:39.972Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"62f8a3d2b1ea9e4aa35ccab186ac484131a446fe112a996b04a0b291d9d41c1e","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/rwe"},{"id":"55f11d11-baa1-4d88-b41b-091c3fc0bb30","kind":"institutions","code":"UB-I650","name":"XTX Ventures","nameBasis":"original-brand","summary":"The venture capital division of quantitative trading company XTX Markets.","description":"The venture capital division of quantitative trading company XTX Markets.","country":null,"category":null,"originalName":"XTX Ventures","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:27.442Z","englishUpdatedAt":"2026-10-15T21:17:22.104Z","reviewedAt":"2026-10-15T21:17:22.104Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"50c033a90425c6e0330a73b56d972aa9f773d3668856b9f11f762b5a9d7e5cc9","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/xtx-ventures"}],"path":"/news/d03c4782-afdf-4931-9cdc-24424e9be584","structured":{"city":null,"country":null,"location":null,"role":null,"category":null,"company":{"name":"Proxima Fusion","path":"/companies/proxima-fusion"}},"canonical":"https://uniquebase.ai/news/d03c4782-afdf-4931-9cdc-24424e9be584"}