Proxima Fusion receives 15 million funding

Proxima Fusion receives additional 15 million funding. Meet5 secures 8 million. Pactos raises 2.7 million. HV Capital invests in...

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Wed, Sep 10, 25
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On September 10th, several significant investment deals occurred in the DACH region's startup ecosystem. Proxima Fusion, a Munich-based company developing fusion power plants using Stellarator technology, secured a 15 million euro Series A extension from major investors including CDP Venture Capital and European Innovation Council Fund.

This brings their total funding to 200 million euros, strengthening their position as a leading European fusion technology company. Meet5, a social networking platform designed for users over 40, raised 8 million euros from Peak and other investors. The Frankfurt-based startup, founded in 2017, plans to expand into Benelux countries, France, and the United States.

Pactos, located in Bonn, raised 2.7 million euros to develop their AI-powered platform for external workforce management. PraxiPal from Berlin received investment for their AI solution Luna, which automates appointment management and phone calls for medical practices.

Additionally, Vienna-based fonio.ai acquired fluently through an asset deal, and Vireo Ventures closed their first 50 million euro Electrification Fund.

Original Article

deutsche-startups.de

https://www.deutsche-startups.de/2025/09/10/dealmonitor-proxima-fusion-meet5-pactos/

Comprehension Quiz
Question 1 of 30 Correct
What technology does Proxima Fusion use for their power plants?
Solar technology
Wind technology
Stellarator technology
Nuclear technology
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