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Swedish Blykalla raises $50 million to advance its lead-cooled reactor technology, co-led by Oklo Inc and Norrsken Launcher.

PRIVATEDec 19, 2025

Amount Raised

$50 Million

Round Type

Funding Round

StockholmManufacturingEnergy

Investors

GK GohOklo IncPitangoEarth Venture CapitalNucleation CapitalNorrsken LauncherCoreWeave co-founders Brian Venturo and Peter SalankiKddiAugust OneArmada Investment AG

Description

Stockholm-based nuclear startup Blykalla has raised $50 million to advance the industrialization of SEALER, its lead-cooled small modular reactor. The funding will enhance testing, engineering work, and regulatory preparations for initial deployment. Investors include Oklo Inc, KDDI, and several venture capital firms. This round aims to meet the growing demand for reliable low-carbon power solutions.

Quick answer

Blykalla raised $50 Million in a Funding Round round, dated December 19, 2025. Investors: GK Goh, Oklo Inc, Pitango, Earth Venture Capital, Nucleation Capital, Norrsken Launcher, CoreWeave co-founders Brian Venturo and Peter Salanki and Kddi. Blykalla is based in Stockholm, Stockholm County, Sweden.

How much did Blykalla raise?
Blykalla raised $50 Million in a Funding Round round on December 19, 2025.
Who invested in Blykalla?
GK Goh, Oklo Inc, Pitango, Earth Venture Capital, Nucleation Capital, Norrsken Launcher, CoreWeave co-founders Brian Venturo and Peter Salanki and Kddi are named as investors in this round.
What does Blykalla do?
Blykalla is on a mission to change the energy future of the world, by providing green, safe, baseload energy through next generation small modular lead-cooled reactors.
Where is Blykalla based and how big is it?
Blykalla is based in Stockholm, Stockholm County, Sweden. Fundz records about 82 employees.
Who are the decision-makers at Blykalla?
Fundz holds 1 contact at Blykalla. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Manufacturing around the same time

Companies in the same sectors as Blykalla that raised within 45 days of this round, from Fundz verified event records.

  • Orion Energy Systems raised $6.4M (Post-IPO Equity) on February 2, 2026.
  • Visolis raised $2.9M (Grant) on January 29, 2026.
  • LeydenJar raised $9.3M on January 29, 2026.
  • XFuel raised $20M (Series A) on January 28, 2026.
  • GlassPoint raised $20M on January 26, 2026.
  • Ascent Solar Technologies raised $10M on January 23, 2026.

Who to call at Blykalla, and when

A new round usually means Blykalla is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Blykalla raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Blykalla

Location

Stockholm, Stockholm County, Sweden

About

Blykalla is on a mission to change the energy future of the world, by providing green, safe, baseload energy through next generation small modular lead-cooled reactors. Blykalla is a Swedish deep-tech company founded in 2013 by Janne Wallenius, Peter Szakalos and Jesper Ejenstam as a spin-off from the Royal Institute of Technology in Stockholm, where Janne Wallenius carried out research on design and safety analysis on lead-cooled reactor systems since 1996. We develop and build lead-cooled small modular reactors (SMRs) to deliver safe, scalable and carbon-free baseload power supply. Thanks to lead-cooling, we achieve high safety in a very compact format, allowing for a simple and cost effective design that can be mass produced. Our unique reactor design will provide safe and green baseload energy that is a perfect complement to solar and wind power.

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Blykalla 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.