Sources: Valar Atomics, which makes small nuclear reactors intended to power data centers, is in talks to raise $1B at a ~$5B pre-money valuation (The Information)

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Valar Atomics is reportedly seeking $1B to build small nuclear reactors for data center power demand.

Categories: Money & Moves

Excerpt

<a href="https://www.theinformation.com/articles/nuclear-startup-valar-atomics-talks-6-billion-valuation-power-milestone"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260717/i22.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260717/p22#a260717p22" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.theinformation.com/">The Information</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.theinformation.com/articles/nuclear-startup-valar-atomics-talks-6-billion-valuation-power-milestone">Sources: Valar Atomics, which makes small nuclear reactors intended to power data centers, is in talks to raise $1B at a ~$5B pre-money valuation</a></b></span>&nbsp; &mdash;&nbsp; Valar Atomics, a three-year-old startup that makes small nuclear reactors intended to power data centers and other industrial facilities &hellip; </p>