Amount Raised
$235 Million
Round Type
Series C
WilmingtonEnergyRenewable EnergyInvestors
Description
X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, announced that it has completed its Series C financing round with an additional $80 million from Ares Management Corporation and X-energy Founder, Kam Ghaffarian. This additional $80 million brings the total capital raised in the Series C financing round to $235 million, including anticipated conversions of certain of the Company’s outstanding convertible notes. Previous investors in the Series C financing round include Ontario Power Generation, Curtiss-Wright Corporation, DL E&C, and Doosan Enerbility.
Quick answer
X-energy raised $235 Million in a Series C round, dated December 5, 2023. Investors: Doosan Enerbility, Dl E&C, Curtiss Wright Corporation, Ontario Power Generation, X Energy Founder, Kam Ghaffarian and Ares Management Corporation. X-energy is based in Wilmington, Delaware, United States.
- How much did X-energy raise?
- X-energy raised $235 Million in a Series C round on December 5, 2023.
- Who invested in X-energy?
- Doosan Enerbility, Dl E&C, Curtiss Wright Corporation, Ontario Power Generation, X Energy Founder, Kam Ghaffarian and Ares Management Corporation 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.
- Power Grid Professionals raised $4.7M (Seed) on January 19, 2024.
- Aspen Power raised $241M (Funding Round) on January 16, 2024.
- Aedis Energy Inc. raised $777 (Pre-Seed) on January 11, 2024.
- Vortex Energy raised $1.5M (Seed) on January 11, 2024.
- RedoxBlox raised $25M (Funding Round) on January 11, 2024.
- Zefiro Methane Corp raised $101K (Seed) on January 9, 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
- The decision-makers there, with verified emails
- Who you already know at X-energy, from your own LinkedIn network
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