Texas-based nuclear startup Aalo Atomics announced it has raised $27m (€24.5m) in investor funding for the development of its Aalo-1 prototype nuclear fission microreactor project.
The company said the funding comes in addition to $6.2m raised last year as seed financing, the initial round of funding used to support the early stages of a startup.
The company said its latest backers include Valor Equity Partners, Harpoon Ventures, Earth Venture, Wayfinder and Nucleation Capital.
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