Small modular reactors stories

Valar Atomics Raises $1 Billion in Series B Led by Sequoia Capital, Tripling Valuation to $6 Billion

Nuclear startup Valar Atomics closed a $1 billion Series B funding round led by Sequoia Capital, tripling its valuation from $2 billion to $6 billion. The company plans to use the funding to shift from demonstrating small modular reactors to volume manufacturing, targeting growing energy demands from artificial intelligence.