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X-Energy Announces Strategic Investment From Dl E&C And Doosan Enerbility To Advance The Deployment Of The Xe-100 Generation Iv Advanced Small Modular Reactor

PUBLIC · XEJan 17, 2023

Round Type

Corporate Round

WilmingtonEnergyRenewable Energy

Investors

Ares Acquisition CorporationDoosanDoosan EnerbilityDl E&C

Description

X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactor and fuel technology for clean energy generation, announced today a strategic investment from DL E&C (KRX: 375500) and Doosan Enerbility (KRX: 034020) (“Doosan”) of $25 million in a private round of financing pursuant to the Company’s previously announced Series C-2 investment round to support the advancement of the global deployment of X-energy’s Xe-100 Generation IV advanced small modular reactor.

Quick answer

X-energy raised an undisclosed amount in a Corporate Round round, dated January 17, 2023. Investors: Ares Acquisition Corporation, Doosan, Doosan Enerbility and Dl E&C. X-energy is based in Wilmington, Delaware, United States.

How much did X-energy raise?
X-energy raised an undisclosed amount in a Corporate Round round on January 17, 2023.
Who invested in X-energy?
Ares Acquisition Corporation, Doosan, Doosan Enerbility and Dl E&C 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.

  • Twenty20 Energy raised an undisclosed amount (Private Equity) on March 3, 2023.
  • Black Hills Corporation raised $350M (Debt Financing) on March 2, 2023.
  • Holcim Ltd raised $7.9M on March 1, 2023.
  • Aquafortus raised $17M (Series A) on February 23, 2023.
  • QiO raised $10M (Funding Round) on February 16, 2023.
  • Headwater Gold raised $485K (Seed) on February 15, 2023.

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.

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  • Who you already know at X-energy, from your own LinkedIn network

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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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