About the company
Proxima Fusion is a fusion energy company focused on building stellarator-based fusion power plants, with a “simulation-first” approach that leans heavily on software, computation, and high-temperature superconducting magnet engineering. The company positions quasi-isodynamic stellarators as the most robust path to putting fusion on the grid. Proxima Fusion was founded in 2023 and has raised major European funding rounds to accelerate toward prototype hardware and an “Alpha” device concept.