German nuclear startup Proxima Fusion raises $469M from Google and RWE at €2.4B valuation to build fusion plant

German startup Proxima Fusion has raised €411 million ($469 million) from investors including RWE AG and Alphabet Inc.'s Google. The company aims to develop a nuclear fusion plant that it hopes will be operational in the 2030s.

• Google backs nuclear fusion startup targeting Europe’s first commercial power plant
• Google and RWE Back German Nuclear Startup Proxima Fusion at €2.4 Billion Valuation