On June 11, a German start-up received a record 130 million euros in financing to develop its nuclear fusion energy technology. For now, investors have ramped up their bets on companies that could win the European nuclear fusion energy race. The Munich-based Proxima Fusion's investment, led by tech investors Cherry Ventures and Balderton Capital, is the largest investment in European fusion to date. Philip Dams, founding partner of Cherry Ventures, described it as "betting on Europe's leadership in solving one of humanity's greatest challenges". "There aren't that many trillion-dollar companies in the world, but we think there's one company that can do that, and it's Proxima," he said. ”
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Europe's nuclear fusion "potential stocks" have attracted a record round of investment.
On June 11, a German start-up received a record 130 million euros in financing to develop its nuclear fusion energy technology. For now, investors have ramped up their bets on companies that could win the European nuclear fusion energy race. The Munich-based Proxima Fusion's investment, led by tech investors Cherry Ventures and Balderton Capital, is the largest investment in European fusion to date. Philip Dams, founding partner of Cherry Ventures, described it as "betting on Europe's leadership in solving one of humanity's greatest challenges". "There aren't that many trillion-dollar companies in the world, but we think there's one company that can do that, and it's Proxima," he said. ”