Fusion-energy is a topic tracked in our intelligence system with 5 linked articles.
Proxima Fusion raised €411m at a €2.5bn valuation with Google among new investors, while government funding (Bavarian €400m already, plus expected federal grants) underpins the Alpha fusion demonstrator and planned commercial plant timeline.
Fusion startups have raised $7.1B to date, with funding concentrated among a few players.
Fusion-energy funding has jumped from $10B to $15B in months as investors tolerate longer timelines, highlighted on TechCrunch Equity with DCVC’s Rachel Slaybaugh.
Sam Altman-backed Helion is reportedly negotiating a deal to sell 12.5% of its power output to OpenAI.
Proxima Fusion seeks about €1.2 billion in funding from the German government.
Inertia Enterprises raises $450M Series A to develop a high-energy laser for a fusion power plant.
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