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Recently Funded|Amount: USD 21.5M|Industry: Electric Power Generation

Proxima Fusion Secures $21.5 Million in Seed Round Funding for Revolutionary Stellarator Fusion Reactor Technology

Proxima Fusion

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11-50 employees employees (Est.)
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Exciting news in the world of fusion energy as Proxima Fusion, a cutting-edge company specialising in designing optimised stellarator fusion reactors, has successfully raised a substantial $21.5 million in funding. This significant influx of capital will enable Proxima Fusion to further advance their groundbreaking work in developing stellarator fusion reactors, considered the most promising and robust concept for a fusion power plant. With this new funding, Proxima Fusion is poised to continue pushing the boundaries of fusion technology, bringing us one step closer to a sustainable and abundant source of clean energy for the future. Keep an eye on Proxima Fusion as they lead the charge in revolutionising the energy landscape with their innovative approach to fusion power.
July 4, 2024

Buying Signals & Intent

Our AI suggests Proxima Fusion may be interested in solutions related to:

  • Clean Energy
  • Stellarator Technology
  • High-Temperature Superconductors

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