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Advanced Nuclear Startup Raises Big Capital To Scale SMRs
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Advanced Nuclear Startup Raises Big Capital To Scale SMRs
X-Energy, a developer of advanced nuclear reactor and fuel systems, has completed a significant capital raise of about $700 million, marking one of the largest funding rounds in the SMR sector to date. According to public filings and industry sources, the funding round is led by the quantitative trading firm Jane Street and draws in a mix of new and existing backers including ARK Invest, Point72, and others. The company’s order backlog now repor…
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