Magnetic fusion start-up Proxima Fusion raised €411M ($469.69M) from investors including Alphabet’s Google and utility RWE in a new financing round. The disclosed funding round is a positive validation signal for early-stage fusion development, but the news is company-specific and not expected to broadly move listed markets.
Magnetic fusion start-up Proxima Fusion raised €411M ($469.69M) from investors including Alphabet’s Google and utility RWE in a new financing round. The disclosed funding round is a positive validation signal for early-stage fusion development, but the news is company-specific and not expected to broadly move listed markets.
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