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X-Energy Reactor Company raised $500 million in a Series C-1 financing round led by Amazon to support advanced small modular nuclear reactors and expand carbon-free power.

PUBLIC · XEOct 16, 2024

Amount Raised

$500 Million

Round Type

Series C

WilmingtonEnergyRenewable Energy

Investors

Amazon.Com Inc.Ken GriffinAmazon’s Climate Pledge FundUniversity Of MichiganNgpAres Management CorporationCitadel Founder And Ceo Ken GriffinAmazon.Com

Description

X-Energy announced a Series C-1 financing round of approximately $500 million, anchored by Amazon. The investment will fund the completion of X-energy's reactor design and licensing as well as the TRISO-X fuel fabrication facility in Oak Ridge, Tennessee.

Quick answer

X-energy raised $500 Million in a Series C round, dated October 16, 2024. Investors: Amazon.Com Inc., Ken Griffin, Amazon’s Climate Pledge Fund, University Of Michigan, Ngp, Ares Management Corporation, Citadel Founder And Ceo Ken Griffin and Amazon.Com. X-energy is based in Wilmington, Delaware, United States.

How much did X-energy raise?
X-energy raised $500 Million in a Series C round on October 16, 2024.
Who invested in X-energy?
Amazon.Com Inc., Ken Griffin, Amazon’s Climate Pledge Fund, University Of Michigan, Ngp, Ares Management Corporation, Citadel Founder And Ceo Ken Griffin and Amazon.Com are named as investors in this round.
What does X-energy do?
X-energy is a company specializing in advanced nuclear technologies, particularly small modular reactors (SMRs).
Where is X-energy based and how big is it?
X-energy is based in Wilmington, Delaware, United States. Fundz records about 469 employees.
Who are the decision-makers at X-energy?
Fundz holds 2 contacts at X-energy, including the Senior Vice President of Global Business Development & Deputy Chief Commercial Officer. 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 X-energy that raised within 45 days of this round, from Fundz verified event records.

  • Satellite Vu raised $25M (Funding Round) on November 29, 2024.
  • National Renewable Network raised $4.3M (Pre-Series A) on November 28, 2024.
  • Volter raised $3.2M (Pre-Seed) on November 28, 2024.
  • Modern Hydrogen raised $25M on November 27, 2024.
  • Molyon raised $4.6M (Seed) on November 26, 2024.
  • MediSun Energy raised $8.8M (Seed) on November 25, 2024.

Who to call at X-energy, and when

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

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

Company

X-energy

Location

Wilmington, Delaware, United States

About

X-energy is a company specializing in advanced nuclear technologies, particularly small modular reactors (SMRs). Co-founded by Kam Ghaffarian, it aims to deliver clean, safe, and reliable energy solutions. X-energy is recognized for its innovative reactor designs and efforts to commercialize the next generation of nuclear power. The company is committed to establishing a sustainable and zero-carbon energy future through its projects.

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Related People

2 contacts
Verified contactsBenjamin R., Senior Vice President of Global Busines… hiddenSee plans and pricing
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X-energy 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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