Google and RWE back Proxima Fusion in record €411mn round

Munich-based Proxima Fusion has raised €411mn ($468mn), the largest private fusion round Europe has ever seen and a rare vote of confidence in a technology that has yet to produce a watt of commercial power. The deal values the stellarator company at €2.4bn and brings in Google and German utility RWE as strategic backers. XTX Ventures and […]
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