Franco-Dutch nuclear startup Thorizon has raised €20m ($21.7m) in new funding to accelerate the development of Thorizon One, its novel molten salt reactor pilot project, the company announced on 12 March.
The funding, which brings Thorizon'’ total investment raised to €42.5m, includes €16m led by Invest-NL with backing from an InvestEU guarantee from the European Commission, and Positron Ventures, PDENH, and Impuls Zeeland, alongside €4m from the Dutch Province of Noord-Brabant.
Invest-NL is the Dutch national investment institution, established by the Dutch government to support innovative and sustainable businesses in the Netherlands.
Want to keep reading?
Register free and get full access to NucNet for 14 days. No card required.
- Daily news briefing on the global nuclear industry
- Weekly, monthly and topical newsletters
- 24/7 coverage during nuclear incidents and safety events
- Full searchable archive, 30,000+ articles since 1991
- SMR and AMR project database
- Analysis, Focus pieces and infographics
- NucNet Style Guide for nuclear reporters and communicators
After the trial, keep a free account for a newsletter and a complimentary Plus article every two weeks. Or see our subscription plans for individuals and organisations.
See subscription options
