Aalo Atomics raised $27M in a Series A funding round led by 50Y and Valor Equity Partners to support its mission of making small nuclear reactors in gigafactories.
Amount Raised
$27 Million
Round Type
Series A
AustinManufacturingEnergyRenewable EnergyInvestors
Description
Aalo Atomics has successfully completed a Series A funding round, securing $27 million to facilitate the development of small nuclear reactors. This investment will help the company achieve lower costs and faster construction times for clean energy solutions.
Quick answer
Aalo raised $27 Million in a Series A round, dated August 15, 2024. Investors: Preston Werner Ventures, Alumni Ventures, Harpoon Ventures, Valor Equity Partners and 50 Y. Aalo is based in Austin, Texas, United States.
- How much did Aalo raise?
- Aalo raised $27 Million in a Series A round on August 15, 2024.
- Who invested in Aalo?
- Preston Werner Ventures, Alumni Ventures, Harpoon Ventures, Valor Equity Partners and 50 Y are named as investors in this round.
- What does Aalo do?
- Aalo Atomics is a US-based company focused on developing small nuclear reactors for clean energy production.
- Where is Aalo based and how big is it?
- Aalo is based in Austin, Texas, United States. Fundz records about 120 employees.
- Who are the decision-makers at Aalo?
- Fundz holds 1 contact at Aalo, including the SVP Commercialization, Aalo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Aalo that raised within 45 days of this round, from Fundz verified event records.
- FluoRok raised $10M (Funding Round) on September 27, 2024.
- Perovskia Solar raised $2.4M (Seed) on September 26, 2024.
- Piersica raised $1M (Seed) on September 26, 2024.
- Twelve raised $645M (Series C) on September 20, 2024.
- Phlair raised $16M (Seed) on September 19, 2024.
- Hgen raised $5M (Seed) on September 17, 2024.
Who to call at Aalo, and when
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- An alert the day Aalo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Aalo, from your own LinkedIn network
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Funding Insights
What this usually meansAalo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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