Proxima Fusion 
A European company developing commercial fusion power plants based on stellarator technology
Analytics date: 15.07.2026
Basic information
Head office
Flößergasse 2, 81369 München, GermanyHead officeDate of the last round
Last round 07/2026Date of the last roundTotal funds raised
$665.5M+Total funds raised
Analytics date: 15.07.2026
About Proxima Fusion
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Basic Information
Logo |  |
Legal name | Proxima Fusion GmbH |
Industry | Energy Sources |
Specialization | Nuclear energy |
Nature of ownership | Private |
Last round valuation | $2.7B |
Funds raised | $665.5M+ |
Key shareholders | XTX Ventures, East X Ventures |
Founded | 2023 |
Primary office | Flößergasse 2, 81369 München, Germany |
Employees | 100 |
Founder | Francesco Sciortino, Lucio Milanese |
Key persons | Dr. Francesco Sciortino — Co-Founder & CEO (Geschäftsführer / Managing Director)
Dr. Lucio Milanese — Co-Founder & COO / Chief External Affairs Officer (Geschäftsführer / Managing Director)
Dr. Jorrit Lion — Co-Founder & Chief Scientist
Martin Kubie — Co-Founder & Chief Engineer
Jonathan Schilling — Co-Founder & Head of Labs
Sergei Galperin — CFO (ex-J.P. Morgan, Alan |
Awards | EIC Accelerator award — selected by the European Innovation Council (July 2024) from 969 applicants |