KfW Capital

Activity from announced rounds

Activity in this selectionOct 17, 2026 · Jul 20, 2026

KfW Capital is the investment subsidiary identified in its own Proxima Fusion co-investment announcement and by Reverion.

Recorded funding activity

Proxima develops fusion power plants. Reverion develops reversible power systems, while Exein protects connected devices. The subsidiary remains distinct from KfW itself, and named funds or programs retain their specific attribution.

Sources
Rounds participated in
2
Confirmed lead rounds
0
All roles disclosed
New companies
2
First participation on record · 0 follow-on
Funding in participating rounds
$445M
2 disclosed · full round size, not this investor’s share

By stage

Series B1
Undisclosed1

By primary sector

Climate tech1
Cybersecurity1

By country

Germany1
Italy1

Rounds

2 in this selection
Reverion

Reversible solid oxide fuel cell power plants that generate dispatchable electricity from gas and can store surplus power as storable gas.

$175MSeries B
Participant
Exein

Embedded cybersecurity software for device manufacturers that protects connected products from firmware vulnerabilities and malicious activity at runtime.

$270MUndisclosed
Participant