X-energy closes $700 million series C-1 round to accelerate the development of the TRISO-X facility in Oak Ridge

Teknovation

Factuality

Ownership

X-energy closes $700 million series C-1 round to accelerate the development of the TRISO-X facility in Oak Ridge

X-energy Reactor Company, a leader in advanced nuclear reactor and fuel technology, has closed an expanded Series C-1 funding round, raising $700 million, $200 million of which came in one swoop. The Founder and Executive Chairman Kam Ghaffarian said the new funding will help X-energy continue developing safe and clean nuclear energy solutions. “We are proud to have gained additional support from our industry, government, and investment communit…