NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Proxima Fusion

Proxima Fusion

Private
MunichEnergy & Sustainabilityhttps://www.proximafusion.com/

Last Round

Early Funding

Jul 7, 2026

Est. Valuation

$2.7B

Total Funding Raised

$827.44M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Proxima Fusion is a clean energy company that develops fusion power plants utilizing quasi-isodynamic (QI) stellarators to generate emissions-free electricity.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Advanced Materials, Smart Grid, ML Platforms

Business Model

B2G

Customer Profile

Government Contracts

AI Layer

Infrastructure

Keywords

fusion energystellarator fusionQI stellaratorprivate fusioncommercial fusionfusion power plantHTS magnetsbaseload powerAI-driven designcarbon-free energysimulation-first designhigh-temperature superconductingMax Planck spin-offWendelstein 7-X

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Proxima Fusion Comps

Public and private peers based on sector, stage, and business model.

Proxima Fusion comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Proxima Fusion Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early FundingJul 7, 2026
Series A ExtensionSep 9, 2025
Series AJun 11, 2025
Series AJun 11, 2025
GrantJul 15, 2024
Seed
Apr 10, 2024

Key People

Founding team and executive leadership

Lucio Milanese

Co-Founder And Chief External Affairs Officer

Founding Team

Proxima Fusion Investors

Notable investors and investment history

Proxima Fusion investors
InvestorRounds
SKion GmbHEarly Funding
East X VenturesEarly Funding
Positron VenturesSeed
European Innovation Council FundGrant, Series A Extension
DST GlobalEarly Funding
Elaia PartnersEarly Funding, Series A
DeepTech & Climate FondsSeed, Early Funding, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 7, 2026

    $472M raised in early funding round.

  • Mar 4, 2026

    Partnering with Paul Scherrer Institute for new hires.

Proxima Fusion Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Proxima Fusion Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Proxima Fusion's valuation, stock price, and market status.

Firmographic Details

HeadquartersMunich
Employee Range163
Year Founded2023
Last FundingJul 7, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.