Valar, which is making small modular nuclear reactors to power data centers, raised a $1B Series B led by Sequoia at a $6B post-money valuation (Bloomberg)
Valar says the money is meant to move its reactor work from demonstration into volume production.
Sequoia led the $1 billion Series B for Valar Atomics, valuing the company at $6 billion post-money. The startup is building small modular nuclear reactors aimed at powering data centers. Valar also said it closed a $200 million credit facility led by Erebor and JPM. Techmeme's note
Sequoia led the $1 billion Series B for Valar Atomics, valuing the company at $6 billion post-money. The startup is building small modular nuclear reactors aimed at powering data centers. Valar also said it closed a $200 million credit facility led by Erebor and JPM. Techmeme's note
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