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. ”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.