Aalo Atomics raises $100M to build a microreactor and data center together
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4 Articles
Aalo Atomics Raises $100M Series B for AI Data Center Reactors - AI-Tech Park
Austin-Based Company on Track to Begin Construction on Industry’s First Extra Modular Nuclear Reactor (XMR) this Month and Achieve Operational Status in 2026 Aalo Atomics, the company building fully modular nuclear plants to power modern AI data centers, has secured $100M in Series B funding led by Valor Equity Partners with participation from new and existing investors including Fine Structure Ventures, Hitachi Ventures, NRG Energy, Vamos Ventu…
Canadian-led Aalo Atomics nabs $100M Series B for nuclear power plans
Aalo Atomics, a Texas-based nuclear power startup led by Matt Loszak, co-founder of Canadian human resources app Humi, has closed a $100-million USD (over $138.6-million CAD) Series B funding round. The round was led by SpaceX investor Valor Equity Partners and involved Canada’s Maple VC, which typically invests at the pre-seed and seed stages. Other investors represented a mix of new and established backers, including Hitachi Ventures, Fifty Ye…
Aalo Atomics Raises $100M for SMRs to Power AI Data Centers
In a significant boost for the nuclear energy sector, startup Aalo Atomics has secured $100 million in funding to accelerate the development of mass-produced small modular reactors (SMRs) tailored for powering data centers. The investment, led by Valor Equity Partners, underscores the escalating demand for reliable, clean energy sources as artificial intelligence applications drive unprecedented power consumption in tech infrastructure. This fun…
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