Fundz

Proxima Fusion Extends Pre-Seed Round, Welcomes Scientists From Stanford, Mit, And Harvard

PRIVATENov 16, 2023

Round Type

Pre-Seed

MunichBiotechnologyEnergy

Description

Proxima Fusion, a Munich-based deeptech startup working on developing fusion power plants has extended its Pre-Seed round to €7.5 million, welcoming a host of unicorn founders, family offices, and industry leaders to the table.

Quick answer

Proxima Fusion raised an undisclosed amount in a Pre-Seed round, dated November 16, 2023. Proxima Fusion is based in Munich, Bavaria, Germany.

How much did Proxima Fusion raise?
Proxima Fusion raised an undisclosed amount in a Pre-Seed round on November 16, 2023.
What does Proxima Fusion do?
Proxima Fusion creates new types of power plants using stellarators that optimised to create magnetic cages for high-energy particles.
Where is Proxima Fusion based and how big is it?
Proxima Fusion is based in Munich, Bavaria, Germany. Fundz records about 100 employees.
Who are the decision-makers at Proxima Fusion?
Fundz holds 1 contact at Proxima Fusion. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Biotechnology around the same time

Companies in the same sectors as Proxima Fusion that raised within 45 days of this round, from Fundz verified event records.

  • OCOchem raised $5M (Seed) on November 15, 2023.
  • OCOchem raised $4.6M (Seed) on October 12, 2023.
  • Sanuwave raised $1.9M (Seed) on December 30, 2023.
  • MBF Therapeutics, Inc. raised $105K (Seed) on December 29, 2023.
  • Alaska Energy Metals raised an undisclosed amount (Funding Round) on December 29, 2023.
  • RevivBio Inc. raised $3M (Seed) on December 29, 2023.

Who to call at Proxima Fusion, and when

A new round usually means Proxima Fusion is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Proxima Fusion raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Proxima Fusion, from your own LinkedIn network

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Company Information

Company

Proxima Fusion

Location

Munich, Bavaria, Germany

About

Proxima Fusion creates new types of power plants using stellarators that optimised to create magnetic cages for high-energy particles.

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Proxima Fusion raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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