News Summary

• Nuclear startup X-energy went public this week, raising $1 billion in an upsized share offering.
• Geothermal startup Fervo said it filed for an initial public offering.
• The move to go public aligns with what investors told TechCrunch at the end of last year.
• The recent dearth of IPOs has kept a chunk of climate tech funding locked up, at a time when many funds would like to start cashing out.. Infrastructure dominated climate tech fundraising last year, with 42 funds raising 75% of all dollars in the sector.