European fusion unicorn cautious to rely too heavily on public funding, says co-founder

German energy company Proxima Fusion “welcomes” the large amount of public investment it has received but wants to avoid relying on it as it brings in more private capital.

Proxima Fusion’s co-founder Lucio Milanese tells Impact Loop during the WinWin summit this week that the “private sector can lead bigger and bigger rounds”.

The comments come amid a broader debate over the reliance of public capital in European investing.