Laurene Powell Jobs joins Amazon in backing nuclear startup X-Energy in $700M round

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Nuclear startup X-Energy has added $200 million to an existing $500 million Series C round.

The small module reactor specialist previously announced a deal with Amazon in October, which included an investment and development agreements to build 300 megawatts’ worth of nuclear power plants in the Pacific Northwest.

New investors in the round include Ares Management, Laurene Powell Jobs’ Emerson Collective, Jane Street, and Segra Capital Management.

X-Energy is one of many nuclear startups to have benefited from the AI-driven data center…



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Laurene Powell Jobs joins Amazon in backing nuclear startup X-Energy in $700M round


Nuclear startup X-Energy has added $200 million to an existing $500 million Series C round.

The small module reactor specialist previously announced a deal with Amazon in October, which included an investment and development agreements to build 300 megawatts’ worth of nuclear power plants in the Pacific Northwest.

New investors in the round include Ares Management, Laurene Powell Jobs’ Emerson Collective, Jane Street, and Segra Capital Management.

X-Energy is one of many nuclear startups to have benefited from the AI-driven data center…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Team SNFYI
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