Backing Europe's best fusion bet

Proxima Fusion just raised the largest private fusion round Europe has ever seen: €411M ($468M) at a €2.4B valuation.

I'm excited to be supporting them with Empirical Ventures through this next chapter.

When I started making YouTube videos about physics and deep tech, it gave me access to some of the most exceptional teams on the planet. Earlier this year, Proxima invited me to their HQ in Munich. What started as a conversation about a YouTube collaboration turned into a site visit with co-founder and CEO Francesco Sciortino: a walk through the lab, the coils and magnets already being built, and the engineering team turning stellarator physics into deployable hardware.

Europe has been quietly investing in fusion for decades. Proxima is the sharpest edge of what that investment produces.

Europe has been quietly investing in fusion for decades, through Wendelstein 7-X, through Max Planck, through the physicists and engineers spinning that science into companies.

Massive congratulations to Francesco Sciortino and the whole team. More from the visit and the conversations going up on the channel soon.