Radiant Nuclear raises $300M for its semi-sized 1 MW reactor

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Another day, another nine-figure round for a nuclear startup.

Radiant Nuclear said today that it has raised more than $300 million, just one day after Last Energy said it had raised $100 million. Three weeks ago, X-energy raised $700 million, and in August, Aalo Atomics raised $100 million. Heck, Radiant itself raised $165 million just six months ago.

Given the string of investments, it seems reasonable to ask whether the nuclear world is in a bubble. Investment in the technology has tracked closely with the data center boom. AI requires…



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Radiant Nuclear raises $300M for its semi-sized 1 MW reactor


Another day, another nine-figure round for a nuclear startup.

Radiant Nuclear said today that it has raised more than $300 million, just one day after Last Energy said it had raised $100 million. Three weeks ago, X-energy raised $700 million, and in August, Aalo Atomics raised $100 million. Heck, Radiant itself raised $165 million just six months ago.

Given the string of investments, it seems reasonable to ask whether the nuclear world is in a bubble. Investment in the technology has tracked closely with the data center boom. AI requires…



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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