Coming soon to a data center near you? Nuclear reactors

▤ Summary

Aalo Atomics raised $100 million in a Series B round led by Valor Equity Partners, lifting its total funding to more than $136 million. The startup builds small modular nuclear reactors designed to power data centers and support the growing energy needs of AI infrastructure. It plans to use the new capital to expand manufacturing, hire more engineers, and advance its experimental reactor project at Idaho National Laboratory. The company also expects to work with developers and hyperscalers that want faster power deployment for new data center sites.

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