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Finland-Based Steady Energy Secures €32M

Summary by Silicon Canals
Steady Energy, a Finnish nuclear tech company that aims to transform the heating industry, has completed a €32M funding round. The company reached the halfway mark of the round back in March 2025 with a €22M raise led by 92 Ventures (now rebranded as 92 Capital). The current investment saw participation from LocalTapiola (a mutual insurance company), Tesi (Finnish Industry Investment, a state-owned investment company), Amsterdam’s Move Energy, V…

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Globe NewswireGlobe Newswire
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Finnish Steady Energy completes €32 million funding round, accelerates towards world’s first commercial SMR, constructs pilot plant in Helsinki city centre

Helsinki, July 01, 2025 (GLOBE NEWSWIRE) -- Finnish nuclear technology company Steady Energy announces the successful completion of its €32 million...

Steady Energy is also funded by the Finnish government through Tesi. The company is developing a thermonuclear reactor.

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The Hamilton Spectator broke the news in Hamilton, Canada on Tuesday, July 1, 2025.
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