Google Invests $468 Million in German Fusion Company Proxima Fusion
Proxima Fusion, a Munich-based fusion energy company spun out of the Max Planck Institute for Plasma Physics, has secured €411 million ($468 million) in funding led by XTX Ventures and East X Ventures. Google joined as an investor alongside RWE AG, which is collaborating with Proxima to build a stellarator fusion power plant at a former nuclear site in Bavaria.
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