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Proxima Fusion

Proxima Fusion

Private
MunichEnergy & Sustainabilityhttps://proximafusion.com

Last Round

Early Funding

Jul 7, 2026

Est. Valuation

$2.7B

Total Funding Raised

$205.44M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Proxima Fusion operates in Energy & Sustainability and is based in Munich. Its latest recorded funding round was a Series A Extension round in September 2025.

Proxima Fusion is a clean energy company that develops fusion power plants utilizing quasi-isodynamic (QI) stellarators to generate emissions-free electricity.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Advanced Materials, Smart Grid, ML Platforms

Business Model

B2B

Customer Profile

Government Contracts

AI Layer

Infrastructure

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Proxima Fusion Comparables

Compare Proxima Fusion with similar companies based on industry and business-model similarity.

Proxima Fusion comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Gauss Fusion
88%
Type One Energy Group
83%
Renaissance Fusion
82%
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Proxima Fusion Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingJul 7, 2026
Series A ExtensionSep 9, 2025
Series AJun 11, 2025
GrantJul 15, 2024
SeedApr 10, 2024
Pre Seed
Nov 16, 2023
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Key People

Founding team and executive leadership

Lucio Milanese

Co-Founder And Chief External Affairs Officer

Founding Team

Sergei Galperin

Chief Financial Officer

Executive Team

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Proxima Fusion Investors

Notable investors and investment history

Proxima Fusion investors
InvestorRounds
SKion GmbHEarly Funding
East X VenturesEarly Funding
Positron VenturesSeed
European Innovation Council FundGrant, Early Funding, Series A Extension
DST GlobalEarly Funding
Elaia PartnersEarly Funding, Series A
DeepTech & Climate FondsSeed, Early Funding, Series A
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 10, 2026

    Plans announced for a $160 million factory in Lower Saxony, Germany.

  • Nov 10, 2026

    Reported valuation of approximately $2.7 billion.

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Recent news

Latest coverage and updates

  • invests_into_assetsNov 10, 2026

    Proxima Fusion GmbH plans a $160M factory in Germany, with its first phase targeting production of roughly 5,000 kilometers of high-temperature superconducting tape per year by 2030.

  • is_developingOct 28, 2026

    Proxima Fusion GmbH signs two agreements with Fujikura and Kyoto Fusioneering in Japan on Oct 28th '26 to develop superconducting materials and specialised reactor systems for its planned fusion reactors as it prepares to build a demonstration machine in Germany.

  • is_developingOct 28, 2026

    Proxima Fusion GmbH is developing stellarators that use twisted magnetic fields to confine plasma heated to extreme temperatures.

  • partners_withOct 28, 2026

    On Oct 28th '26, Proxima Fusion GmbH and Fujikura Ltd. sign an agreement to assess the technical, commercial, and economic feasibility of an HTS tape supply chain in Germany, including potential local manufacturing.

  • is_developingOct 28, 2026

    In Japan on Oct 28th '26, Proxima Fusion GmbH is developing critical technologies for commercial fusion power with Kyoto Fusioneering under a Memorandum of Understanding covering gyrotrons for plasma heating and fusion fuel-cycle technologies.

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Proxima Fusion Filings

Explore SEC and related filing metadata, where available.

Proxima Fusion filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Proxima Fusion's valuation, stock price, and market status.

Is Proxima Fusion a public or private company?

Proxima Fusion is a private company.

What is the current stock price of Proxima Fusion?

Proxima Fusion is a private company, so its shares have no public market price. Caplight tracks Proxima Fusion's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Proxima Fusion worth (valuation)?

Proxima Fusion's valuation is estimated at $2.7B based on funding round data.

Can I buy Proxima Fusion stock?

Proxima Fusion shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Proxima Fusion's last funding round?

Proxima Fusion's most recent funding round was Early Funding on July 7, 2026.

Who are the main investors in Proxima Fusion?

Key investors in Proxima Fusion include East X Ventures, State of Bavaria, Robert Bosch Venture Capital, Plural, UVC Partners.

Will Proxima Fusion IPO soon?

No public IPO plans have been announced for Proxima Fusion.

How can I track Proxima Fusion secondary market activity?

Caplight tracks bids, offers, and trades in Proxima Fusion's shares on secondary markets.

Firmographic Details

HeadquartersMunich
Employee Range158
Year Founded2023
Last FundingJul 7, 2026

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