Proxima Fusion joins the club of well-funded nuclear contenders with €130M Series A

Admin1 year ago08 mins

Commercial nuclear fusion power isn’t a reality yet. But venture capital is flowing into startups that promise that clean, safe, and virtually limitless energy is no longer just a distant dream. Most fusion companies that have raised over $100 million are based in the United States. Not Proxima Fusion, a German startup that has just…

#Cherry Ventures raises a new 0M fund for early stage and beyond, but will it be enough?

#Cherry Ventures raises a new $500M fund for early stage and beyond, but will it be enough?

Admin1 year ago04 mins

It’s sometimes said that European VC doesn’t have the firepower to compete with VCs in the U.S., which regularly raise billion-dollar+ funds these days. Perhaps further evidence of this view persists in the news that Berlin-based Cherry Ventures has closed its latest fund at $500 million, to be split between early-stage rounds and follow-on rounds…