Proxima raises $148 million in record funding round

The start of the German Proxima Fusion on Wednesday Declare It raised 130 million euros ($ 148 million) in a record financing round, although investors hope that the company will be able to develop the first advertisement in the world Nuclear fusion The power plant.

The financing round of the series A, which was led by Cherry Ventures and Balderton Capital, is the largest private investment tour in Europe so far.

The ducts about nuclear fusion Kick in Overdrive In recent years. Defenders say technology, which operates the sun and stars, can play a pivotal role in Transmission.

Footage energy is practical From jamming together on hydrogen atoms to form a single Helium atom, which releases huge amounts of energy. Scientists and engineers were scrambling to re -establish and harness nuclear fusion since theory was first understood in the 1930s.

“Fusion has become a real and strategic opportunity to convert global energy dependence from natural resources to technological leadership,” said the CEO of Proxima Fusion and co -founder Franceino in a statement.

He added: “Proxima is in an ideal position to harness this momentum by unifying an amazing engineering and manufacturing team with world leading research institutions, and accelerating the path towards bringing the first European power plant via the Internet in the next decade.”

If the nuclear fusion can be repeated on an industrial scale, the International Atomic Energy Agency (International Atomic Energy Agency) can be repeated He says Technology can provide clean and safe energy at almost affordable prices that meet the world’s demand.

Not everyone is convinced, but. The researchers have Proposal It is possible that this technology is still far from being ready for commercial use.

The financing round from the series A reaches the total Proxima Fusion financing of more than 185 million euros in private and public capital, which accelerates the mission of the Munich -based company in building the first stars -based power plant in the twenties of the last century.

An alternative to the most common Tokamak, the stars are a device that uses magnetic fields to limit plasma in the form of cakes, according to the United States Ministry of Energy. These magnetic fields allow scientists to control the plasma particles and allow the appropriate conditions for nuclear fusion.

“The two stars are not just the most intelligent cohesion of fusion energy – understanding future power plants, capable of leading Europe to a new era of clean energy,” said Daniel Waterhouse, a partner in Baldron Capital, in a statement.

Proxima Fusion was founded two years ago as it revolves from the Max Planck Institute for Plasma Physics (IPP).