2025-06-11
European VCs just made a record bet on this fusion energy underdog
Two years ago, German startup Proxima Fusion emerged from stealth with big ambitions to make a little-known stellarator fusion machine a serious contender in the race for commercial fusion energy. Today, the Munich-based company secured Europe’s largest-ever private investment in fusion power — a €130mn Series A funding round from big-name investors including Balderton Capital, Cherry Ventures, and Plural. Daniel Waterhouse, partner at Balderton Capital, said he now thinks Proxima has taken its place as the leading “European contender” in the [...]
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2025-01-28
A private start-up called Helion aims to have a working fusion reactor by 2028
Building a working nuclear fusion reactor has proven to be a daunting challenge even for multiple wealthy nations, as we've seen with the much-delayed ITER project. However, a private start-up ca [...]
2025-07-14
Funding focus: Fusion startups shatter investment records in push for clean energy
Funding focus is a new series analysing cash flow into the European tech ecosystem. Last week, we looked at the largest investment rounds in the Netherlands, and now we’re honing in on Europe’s bu [...]
2025-04-22
Fusion energy could be ‘decisive building block’ for Europe’s energy security
Highly dependent on imported fossil fuels and renewable energy technologies from foreign powers such as the US, China, and Russia, Europe’s energy security is in a precarious state. One potential fi [...]
2025-02-28
Engadget Podcast: iPhone 16e review and Amazon's AI-powered Alexa+
The keyword for the iPhone 16e seems to be "compromise." In this episode, Devindra chats with Cherlynn about her iPhone 16e review and try to figure out who this phone is actually for. Also, [...]
2025-02-26
Max Planck spinout unveils ‘world’s most viable’ fusion reactor design — and only needs 6 years to build it
German startup Proxima Fusion — whose team includes engineers from MIT, Google, SpaceX, and McLaren — has unveiled a fusion energy reactor design it believes offers the quickest route to commercia [...]
2025-07-02
Trump’s ‘Big, Beautiful Bill’ is a middle finger to US solar energy
The so-called “Big, Beautiful Bill” will, if passed, make sweeping changes to the US’ clean energy market. While some of the worst provisions affecting the industry were stripped out during Sena [...]
2025-05-06
Trump admin announces plans to shut down the Energy Star program
The Trump administration has announced plans to eliminate the Energy Star program, as originally reported by The Washington Post. This announcement occurred during an all-hands meeting of the Environm [...]
2025-01-10
UK forges new radiation-resistant steel in step forward for fusion energy startups
Scientists in the UK have forged 5.5 tonnes of a new kind of steel capable of withstanding the searing heat and intense neutron radiation of nuclear fusion, the same reaction that powers the Sun and s [...]
2025-06-12
Meta is helping to fund geothermal energy projects in New Mexico
Meta has entered into an agreement with XGS Energy to develop "next-generation geothermal energy" projects in New Mexico. The plan is for these projects to connect directly into the electric [...]