Proxima Fusion

Nuclear Fusion·Private

Goal milestone Net-positive, grid-connected fusion power

Max Planck IPP spinout designing a quasi-isodynamic stellarator (Stellaris).

Founded2023 HQMunich, Germany Websitewww.proximafusion.com ↗

Observing

No verified technical progress yet

This company is on the tracked roster, but nothing it has done has been verified against this field's stage ladder. Rather than showing an empty stage, Tech Score and gap, this page states the position: we are observing it, and have not measured it.

What is real below: price, market data and catalysts — stock-moving events from the newsroom, each with a primary source.
What is missing: milestones tagged to this field's 0–5 ladder. Without them a stage would be a guess, and the gap would be a guess built on a guess.

Coverage becomes full at two ladder-tagged milestones, one of them achieved. How stages are derived →

Catalysts

Stock-moving events from the newsroom feed — facts, not advice. No rating, no price target.

2026-07-13

Guidance

Fusion funding hits a record $4.48B in a year — up 69%, total now $14.24B

source · Fusion Industry Association ↗ read ↗

2026-07-07

Capital

Proxima Fusion raises €411M at a €2.4B valuation — Europe's largest fusion round

source · Proxima Fusion (Business Wire) ↗ read ↗

Technical milestones

Verified progress on the Frontier Milestones tracker ↗

From the verified Frontier Milestones dataset.

2026-02

Alpha stellarator — €2B European plant agreement

source ↗

Market data

Cumulative funding$215M

Quantitative factors

Computed once market data connects (price, market cap, runway).

Commentary

No analyst commentary published yet.

Commentary reflects one analyst’s view and is not a recommendation. It is presented alongside factual data and is explicitly labelled opinion.

Discussion0

Member discussion. Not investment advice, solicitation, or a recommendation.

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For information only. Not investment advice and not a solicitation. Market data is delayed and provided “as is”; technical data is read from the Frontier Milestones verified dataset.