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Company

Proxima Fusion

German fusion energy startup, spun out of the Max Planck Institute, developing stellarator-based power plants with high-temperature superconducting magnets.

Known aliases

  • Proxima

Current stories

leadershipOne report1 publisher

UK-German tech corridor, backed by Siemens and Bosch, to host roundtable for AI scale-ups

Britain and Germany launched an Industrial Tech Corridor, backed by Allianz, Bosch, RWE and Siemens, to connect AI scale-ups with industrial demand. Its first step is a CEO roundtable later this year, so a sales route into those buyers is still a plan.

Publishers:itpro.com

Reality

Evidence40
Adoption20
Hype gap+30
Incentives65
Confidence45
productOne report1 publisher

Madison Gas and Electric invests in Realta Fusion to explore a 200MW plant for the mid-2030s

The Wisconsin utility put money into Realta Fusion and offered it somewhere to plug in, for a plant that would not run until the mid-2030s. That is a wager on how short of power the next decade gets.

Publishers:techcrunch.com

Reality

Evidence48
Adoption20
Hype gap+35
Incentives62
Confidence45
investOne report1 publisher

Corporate venture arms are writing deep tech's first purchase order

Google committed to 200 MW from Commonwealth Fusion's first plant and RWE put EUR 25m behind Proxima Fusion next to a shut-down reactor site, deals where the access mattered more than the valuation. Only one of them involves a signed purchase.

Reality

Evidence36
Adoption31
Hype gap+22
Incentives68
Confidence44