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Google and RWE Invest in German Nuclear Startup Proxima Fusion Valued at €2.4 Billion
2 sourcesFirst reported 15 days agoUpdated 15 days ago
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What all sources covered
- German startup Proxima Fusion has raised €411 million ($469 million) from investors including Google and RWE AG.
- The funding round values the company at €2.4 billion.
- Proxima Fusion aims to develop a nuclear fusion plant that it hopes will be operational in the 2030s.
- Google and RWE AG are key investors in Proxima Fusion's mission to advance nuclear fusion technology.
- The investment highlights growing interest in innovative energy solutions from leading technology and energy firms.
2 sources
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BloombergFirst
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