- US-based Aalo has announced raising $100 million in a Series B funding round led by Valor Equity Partners, with participation from UAE’s CE-Ventures and a number of global investors.
- The funding will support the development of Aalo-X, the first next-generation nuclear power plant to be built in the United States in decades, which is expected to reach first criticality by next summer.
- The company also plans to integrate its nuclear plants with pilot data centers — a world-first initiative — while expanding into electricity markets, desalination, and heavy industries.
US-based nuclear energy startup Aalo has announced the closing of a $100 million Series B funding round led by Valor Equity Partners, with participation from a wide range of new and existing investors, including Fine Structure Ventures, Hitachi Ventures, Crosscut, NRG Energy, Vamos Ventures, Tishman Speyer, Kindred Ventures, 50Y, Harpoon Ventures, Crescent Enterprises, Alumni Ventures, MCJ, Gaingels, Perpetual VC, Nucleation Capital, and UAE’s CE-Ventures.
The funding will enable Aalo to begin construction of Aalo-X, the first fully integrated advanced nuclear power plant built in the United States in decades, which is expected to achieve first criticality by next summer. The plant is positioned to become a milestone in the global transition toward clean and sustainable energy.
As part of its pioneering approach, the company plans to establish a pilot data center adjacent to the nuclear plant — a world-first initiative aimed at combining nuclear infrastructure with data center operations, creating a scalable model for future deployment.
Aalo’s industrial model is based on the serial manufacturing of modular nuclear reactors, ensuring rapid installation, reduced dependence on land and water resources, and operational continuity through a distributed fleet system — while providing low-cost, clean energy.
The company’s roadmap includes:
- Launching Aalo-X as a proof-of-concept, followed by the deployment of thousands of Aalo Pods (each consisting of five Aalo-1 reactors and one turbine) to serve data centers.
- Reducing costs and expanding into new markets, including municipal utilities, water desalination, and industrial operations, with data centers representing just 1% of the global electricity market.
- Designing a reactor 10 times more powerful than the Aalo-1 while maintaining manufacturability and transportability, aiming to lower electricity costs to $0.03/kWh.
Looking ahead, Aalo aspires to make nuclear energy accessible worldwide — from remote communities and developing countries to future applications beyond Earth.
The company expressed its gratitude to investors for their support, emphasizing that this round marks just the beginning of its mission to make nuclear power a cornerstone of sustainable global energy.
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