21M

“Proxima Fusion Secures $21M Funding to Expand Groundbreaking ‘Stellarator’ Nuclear Fusion Technology”

Proxima Fusion
Venture capitalists’ appetite for fusion startups has been up and down in the last few years. The road to true fusion power remains long, but the kicker is that it’s no longer theoretical. He added the timeline was to be able to get to fusion energy by the mid-2030s. If we manage to get to that then the middle of the 2030s is possible.”The startup’s investors are equally convinced. And there are at least 43 other companies developing nuclear fusion technologies.