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.
Aug 15, 2024•12 months ago
Amount Raised
$27 Million
Round Type
series a
Investors
Preston Werner VenturesAlumni VenturesHarpoon VenturesValor Equity Partners50 Y
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
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