Episode Details

Munich stellarator startup Proxima Fusion raised 411 million euros ($468M) from investors including Google and German utility RWE, reaching a 2.4 billion euro ($2.7B) valuation. It is now the best-financed fusion company in Europe and plans to build the continent's first commercial fusion plant at a former nuclear fission site in Bavaria, with a demonstrator targeted for the early 2030s.

Continue the story on unscarcity.ai:

• Fusion Energy 2024-2030: The $10B+ Commercial Race
• How to Turn $60 Trillion of Dying Wealth Into Fusion Reactors

Full episode notes on unscarcity.ai