Free State of Bavaria

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Updated: Apr 1, 2026 ·

Financial History

Total Raised

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Valuation

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Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 26, 2026	Proxima Fusion	$472.0M fusion_grant	Free State of Bavaria	—
Nov 1, 2022	OroraTech	$17.0M Series A	Joost Van Laer	Ananda Impact Ventures, Bayern Kapital, Clemens Kaiser, Ingo BAUMANN, APEX Ventures, European Space Agency, Findus Venture, SpaceTec Capital
	Proxima Fusion	$472.0M Proxima Fusion	Free State of Bavaria	—

Total Raised

N/A

Valuation

N/A

Key people at Free State of Bavaria.

Martina Maschauer

Key people at Free State of Bavaria.

Martina Maschauer