Google backs nuclear fusion startup targeting Europe’s first commercial power plant

Proxima Fusion raised $468 million to advance its goal of commercializing nuclear fusion, tackling a notoriously difficult technical pathway. The financing signals strong investor support for the company’s development stage and accelerates progress toward commercialization.

Analysis

Proxima Fusion raised $468 million to advance its goal of commercializing nuclear fusion, tackling a notoriously difficult technical pathway. The financing signals strong investor support for the company’s development stage and accelerates progress toward commercialization.