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July 7, 2026 ai_technology technology

Munich-based nuclear fusion startup Proxima Fusion raised €411M led by trading firm XTX and UK-based East X at a €2.4B valuation, with participation from Google (Bloomberg)

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Bloomberg: Munich-based nuclear fusion startup Proxima Fusion raised €411M led by trading firm XTX and UK-based East X at a €2.4B valuation, with participation from Google — German startup Proxima Fusion has raised €411 million ($469 million) from a range of investors …

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