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Proxima Fusion — image published by the organisation
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Proxima Fusion

Proxima Fusion

We are Europe's fastest-growing fusion startup, building the first generation of fusion power plants using quasi-isodynamic (QI) stellarators—the clearest, most robust path to putting fusion on the grid.

Sector
Fusion

163 in this dataset

Technology
Stellarator

9 developers pursuing it

Fuel
Deuterium–tritium
Headquarters
🇩🇪Munich, DE

11 organisations in DE

Founded
2023
Status
Active
Role
Fusion developer

What these terms mean

Every classification on this page, defined. These are controlled-vocabulary terms, so the same word means the same thing on every profile.

Fusion developer
Develops a fusion device or power plant concept. Carries no implication that the device exists or works.
Fusion
Organizations pursuing energy from nuclear fusion, and their dedicated supply chain.
Stellarator › › Stellarator
Confinement produced entirely by external coils twisted into complex three-dimensional shapes, with no current driven through the plasma. Far harder to build than a tokamak and inherently steady-state rather than pulsed.
Deuterium–tritium
Lowest ignition threshold; 80% of energy in 14.1 MeV neutrons. The reference fuel for every near-term net-gain claim.

Funding

$140M
disclosed equity

across 1 round

Deals involving Proxima Fusion
DateInstrumentAmountDetail
2025-06 Equity roundSeries A $140M

In Proxima Fusion’s own words

Quoted from the organisation’s own site as we archived it. Their description of themselves, not ours, and not a claim this site has checked.

Our cloud-based stellarator optimization and design framework, StarFinder, allows us to rapidly iterate on QI stellarator designs at lower costs and higher speed than ever before.

Proxima Fusion is developing quasi-isodynamic (QI) stellarators, a magnetic confinement approach in which toroidal currents cancel out to zero, resulting in uniquely robust features. W7-X is an invaluable prototype and testbed for this concept.

The scientific basis for QI stellarators has been spearheaded by our partners at the Max Planck Institute for Plasma Physics (for example, Helander & Nührenberg, PPCF 2009 and Goodman, Xanthopoulos, Plunk et al., PRX Energy 2024). We believe that QI stellarators using high-temperature superconducting (HTS) magnets offer the clearest path to putting fusion on the grid.

Our peer-reviewed fusion power plant concept, Stellaris, has been published in Fusion Engineering and Design. Stellaris is the first stellarator concept to integrate electromagnetic, structural, thermal, and neutronics simulations, resulting in a fully coherent design.

Proxima Fusion GmbH, Flößergasse 2, 81369 München, Deutschland Eingetragen beim Amtsgericht München unter HRB 283423, Geschäftsführer Dr. Francesco Sciortino, Lucio Milanese Registered at the District Court of Munich under HRB 283423, Managing Directors Dr. Francesco Sciortino, Lucio Milanese

We believe that fusion has the potential to provide safe, clean, and abundant energy to humanity. That’s why we're taking the technical approach with the clearest path to grid deployment.

Our team of 150+ world-class scientists, engineers, and operators has been assembled from some of the world’s most innovative companies and institutions, including the Max Planck IPP, MIT, SpaceX, Tesla, McLaren, Google X, TUM, EPFL, Stanford, KIT, Harvard, and Cambridge.

We work closely with world-leading fusion research institutions, including the Max Planck Institute for Plasma Physics (IPP) and Karlsruhe Institute of Technology (KIT), leveraging decades of research and experience from the European fusion ecosystem.

Martin Kubie is Chief Engineer and co-founder of Proxima Fusion. Martin has architected and led engineering projects for companies at the frontier of science and technology including in Formula 1 for McLaren Racing and at the Google X spin-off Wing, deploying one of the world's largest fleets of autonomous delivery drones. At Proxima, Martin is now leading the engineering teams that combine rapid prototyping with simulation- and ML-driven design.

Jonathan Schilling is Head of Labs and co-founder of Proxima Fusion. Jonathan has hands-on experience in building advanced models for magnetic confinement fusion experiments, with expertise including experimental plasma physics, theoretical plasma physics, electrical engineering and mechanical engineering. Prior to co-founding Proxima Fusion, Jonathan was a Doctoral Researcher at the Max Planck Institute for Plasma Physics (IPP), where he analyzed plasma behavior in the record-breaking experiments of Wendelstein 7-X.

We are tackling the full breadth of stellarator power plant design, focusing on a simulation-first and rapid prototyping-led approach.

We are working with energy companies and key technologies suppliers across Europe to bring this vision to reality.

We work closely with world-leading industrial partners and public institutions, leveraging decades of research and experience from the European fusion ecosystem.

We're leveraging decades of research in magnetic confinement fusion, combining advances in stellarator optimization, computational design, and high-temperature superconducting (HTS) magnet technology with the expertise behind the record-breaking W7-X stellarator at the Max Planck Institute for Plasma Physics (IPP).

Where Proxima Fusion sits

Composed from records in this dataset, not from outside research. Every figure below is counted from what the site holds, so it moves when the data does.

Proxima Fusion is one of 9 organisations in this dataset pursuing stellarator.

It is one of 11 we hold in DE.

Disclosed equity funding totals $140m across 1 round, which ranks 8 of 14 among organisations here with a disclosed figure.

Related organisations

Others pursuing the same approach, then others in the same country.

Pursuing the same technology

Others in this dataset working on Stellarator.

Sources

A source marked operator is the subject’s own publication. That is legitimate, and it is not independent confirmation. Methodology.