Aalo Atomics raises $100M to build a microreactor and data center together | TechCrunch

Image for article Aalo Atomics raises $100M to build a microreactor and data center together | TechCrunch
News Source : TechCrunch

News Summary

  • Aalo Atomics is raising $100 million in a Series B.
  • The startup plans to flip the switch on its first reactor in the summer of 2026.
  • Aalo says it aims to deliver electricity at 3 cents per kilowatt-hour, a price that would make it competitive with new natural gas power plants and solar farms built today.
  • If Aalo can meet its aggressive deadline, it would buck a trend in the nuclear industry, which has a history of long timelines compounded by delays.
Nuclear startups have been soaking up attention from hyperscalers and cash from investors. Aalo Atomics is the latest beneficiary of the big techsmall nuclear love affair, raising $100 million in a [+2333 chars]

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