Proxima Fusion raised 411 million euros ($468 million) led by XTX Ventures and East X Ventures with Google and RWE as strategic investors, a 2.4 billion euro valuation that makes it Europe’s best funded fusion company. Spring Valley and General Fusion shareholders approved the merger that lists General Fusion on Nasdaq as GFUZ, the first publicly traded pure play fusion company. UKAEA and Eni launched RH3OVA, a joint venture selling consultancy and operational services to the global fusion industry. And China completed final tests on the world’s largest superconducting fusion magnet, a 582 ton coil built entirely with domestic supply chains. Plus Helical Fusion signs a construction MoU for Helix KANATA, and Cosylab CEO Mark Plesko on why control systems are the missing backbone of commercial fusion.