Proxima Fusion from Germany secures €20M to pioneer First-Generation Fusion Power Plants
Proxima Fusion, the first spin-out from the Max Planck Institute for Plasma Physics (IPP), has announced a significant €20M seed funding round. This round, led by redalpine and notably oversubscribed, marks a pivotal moment for the Munich-based startup.
Web Summit, the esteemed annual technology conference held in Lisbon, Portugal, has welcomed back its co-founder Paddy Cosgrave as CEO. This leadership change comes after Katherine Maher's brief tenure as CEO, which followed Cosgrave's departure amid controversy over his public criticisms related to the Israel-Hamas conflict in October 2023.

The best Articles in our Network

Previous
Next