Tech Company Financing Transactions
Proxima Fusion Funding Round
Proxima Fusion, based in Munich, secured $8 million from Achleitner Ventures, Bosch Holding and FlixFounders.
Transaction Overview
Company Name
Announced On
11/16/2023
Transaction Type
Venture Equity
Amount
$8,020,000
Round
Seed
Proceeds Purpose
Developer of fusion power reactors intended to produce abundant and emissions-free power. The company's technology engages in building the first generation of fusion power plants using QI stellarators that aim to generate electricity by fusing nuclei and creating renewable energy, enabling businesses to produce clean, abundant, and safe energy.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Ainmillerstrasse 27A, c/o Francesco Sciortino
Munich, 80801
DE
Munich, 80801
DE
Phone
Website
Email Address
Overview
We are a fusion energy startup based in Munich, Germany. We believe that fusion has the potential to provide clean, abundant and safe energy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Francesco Sciortino
Chief Operating Officer
Lucio Milanese
Co-Founder
Martin Kubie
Co-Founder
Jorrit Lion
Co-Founder
Jonathan Schilling
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