Energy · Munich, Germany · Founded 2023 · Raised $740M · Growth stage
Proxima Fusion
Building the first generation of stellarator fusion power plants – and the industrial platform required to deliver them
Review noteRaised a EUR 411M Series A2 at a EUR 2.4B valuation on Jul 7, bringing total funding to over EUR 650M ($740M) including EUR 95M of public grants, with about 200 staff; founded April 2023. Source ↗
Edge
15#126 · ▼5 in 7d
2 of 8 families
Why now
People
Posted in Who is hiring on Hacker News
Score
Momentum44
Research, hiring
Thesis fit94
× 0.96
Matched on energy, fusion, industrial, manufacturing, plasma
Earliness2
× 0.41
Already visible: capital raised, funding stage
Team–
× 0.85
1 named person, none from a top lab or company
44 × 0.96 × 0.41 × 0.85 = 15
Edge, 12 weeks
Signals
- Oct 14Hiring21 of 52 open roles posted in the last 30 days, against 11 in the 30 days before↗
- Oct 2HiringSecond Who is hiring post on Hacker News, for Senior Software Engineer (Dev Platform); first seen Aug 2026↗
- Sep 24ResearchAt least 2 papers list the company as an affiliation in the last 120 days↗
- Aug 4HiringFirst Who is hiring post on Hacker News, for Senior Software Engineer (Dev Platform)↗