{
  "id": 19122900,
  "title": "The Spark – The Technology Prize: How a Munich Start-up Wants to Revolutionize the Energy Industry",
  "url": "https://urgent.news/2026/11/09/the-spark-der-technologiepreis-wie-ein-munchener-start-up-die",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-09T08:05:00.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/unternehmen/start-ups/technologie-wie-ein-muenchener-start-up-die-energiebranche-revolutionieren-will/100266593.html"
  },
  "original_language": "de",
  "account": "Proxima Fusion, a Munich-based fusion startup, aims to revolutionize the energy sector with its vision to \"bring the sun to Earth\". The company, co-founded and led by Jorrit Lion, has won the second place in \"The Spark - Der Technologiepreis\" and has become Europe's first fusion energy unicorn. In July, Proxima Fusion raised over €400 million in funding and was valued at over €2 billion. The company has investors including RWE, UVC Partners, Cherry Ventures, XTX Ventures, and East X Ventures. UVC's Benjamin Erhard expects Proxima to prove that the first commercial fusion power plant will be built in Europe.",
  "summary": "Runner-up for \"The Spark – Der Technologiepreis\": Proxima Fusion from Munich. The fusion technology start-up could revolutionize the energy industry.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}