July 7 : Magnetic fusion start-up Proxima Fusion has raised €411 million ($469.69 million) from investors including Alphabet's Google and German utility RWE as part of a financing round, the Munich-based start-up said on Tuesday.• "Proxima’s financing demonstrates that Europe can not only invent breakthrough technologies, but also build globally competitive companies around them," Francesco Sciortino, Proxima Fusion's chief executive, said in a statement• The round was led by XTX Ventures and East X Ventures, with RWE and Google as strategic investors, the company said• It added that the financing round brings Proxima Fusion's valuation to €2.4 billion ($2.7 billion) • German utility company RWE invested €25 million euros in the funding round• RWE signed an agreement with Proxima to partne