Proxima Fusion raises $468 million as Google doubles down on fusion energy bets
NEW YORK: Google has thrown its weight behind Proxima Fusion, a Germany-based startup aiming to build Europe’s first commercial fusion power plant, joining a 411 million euro ($468 million) funding round the company announced Tuesday. The investment pushes Proxima’s valuation to $2.7 billion and signals Google’s continued bet on fusion as a long-term source of abundant, carbon-free, and reliable…