Proxima collects $ 148 million in a record round of funding

Germany, Lower Saxony, Grodde, Nuclear Power Plant.

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German Starting Proxima Fusion on Wednesday announced It has raised 130 million euros (148 million dollars) in a record financing round, and investors hope the company will soon be able to develop the world’s first advertisement in the world nuclear fusion Power Plant.

The Circle of Financing Series A headed by investors Cherry Ventures and Balderton Capital is the largest private round of investment to Europe today.

The noise around the nuclear fusion has pushed into exceeding In recent years. Fans say the transition of energy.

The energy merger is process Subbound two hydrogen atoms, forming one atom helium that releases a large amount of power. Scientists and engineers seek to recreate and use a nuclear fusion, as the theory was first clear in the 1930s.

“Fusion has become a real, strategic opportunity to move a global energy dependence on natural resources to technological leadership,” said the CEO of Proxima Fusion and co-founder Francesco Sciortino.

“Proxima is perfectly posted to use this impetus by combining entertaining engineering and production team with leading world research institutions, accelerating the path to attracting the first European power plant on the Internet in the next decade,” he added.

When a nuclear fusion can be repeated on an industrial scale, an international atomic energy agency (IAEA) speak Technology can provide virtually boundless pure, safe and affordable energy that is in line with demand in the world.

However, not everyone is convinced. Researchers have propose Technology is probably still a long way from ready -to -scaling for commercial use.

The Financing Circle of Series A brings total financing Proxima Fusion to more than 185 million euros in private and public capital, accelerating the mission based in Munich, to build the first stellator power plant in the 2030s.

According to the US Department of Energy. These magnetic fields allow scientists to control plasma particles and allow the right conditions for the nuclear fusion.

“Stellarators is not the most technological approach to merger energy – it is a power plant that can bring Europe into a new era of pure energy,” the Daniel Waterhouse partner said in Balderton Capital.

The Proxima Fusion was founded two years ago as a Reading from the Max Planka Plasma Institute (IPP).

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