Tag: fusion
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Google, RWE back Proxima Fusion in €411 million financing round
July 7 : Magnetic fusion start-up Proxima Fusion has raised €411 million ($469.69 million) from investors including Alphabet’s Google and German utility RWE as part of a financing round, the Munich-based start-up said on Tuesday.• “Proxima’s financing demonstrates that Europe can not only invent breakth
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German startups compete in global race for nuclear fusion
Companies around the world are competing to see who can build the first commercially viable nuclear fusion reactor. German startups are also in the race, supported by major corporations and private investors.
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