Aalo Atomics has completed assembly of its Aalo-X Critical Test Reactor at Idaho National Laboratory, with fuel delivery imminent and final DOE approval pending, and expects to achieve criticality within weeks, ahead of the July 4 deadline this summer...
Forbes spotlights Aalo Atomics, a Nucleation portfolio company, as part of a new wave of U.S. advanced-nuclear companies moving from concepts to manufacturing, with progress at its Austin factory, a 2026 criticality target at INL, and growing investor support.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Artificial Intelligence, Data centers & Digital Infra, Energy abundance, Future of Energy, NEWS, Nuclear R&D, Portfolio Venture, Private companies, Trump Administration, US competitiveness, US technological leadership, Venture capital support for nuclear
Aalo Atomics is partnering with Microsoft to apply generative AI and agentic systems to complex permitting workflows to build faster, more efficient pathways for licensing and deploying advanced reactors...
Published by Nuclea_Admin in Advanced Nuclear, Advanced Nuclear Customers, Artificial Intelligence, Big Tech, Data centers & Digital Infra, Energy abundance, Fission, NEWS, Nuclear financing, Nuclear R&D, Portfolio Venture, Private companies, Public companies, US competitiveness, US technological leadership
On Nov. 5th, as part of SOSV's Climate Tech Summit, Rod Adams of Nucleation Capital and Matt Loszak, CEO of Aalo Atomics joined Tim De Chant of TechCrunch in a panel called "Nuclear Fission Refueled: Putting Nuclear Back on the Map." Aalo Atomics, one of Nucleation's portfolio companies, had an opportunity to shine, as the only fission venture featured. Matt spoke about where Aalo is in its development cycle, why it has been pursuing DOE authorization for the past two years, why it was a serendipitous choice, given recent actions by the DOE and how that intersects with Aalo's NRC licensing process, among many other aspects of how Aalo is progressing with its development of a Gen IV nuclear reactor that is "purpose built" for data centers.
To listen to this panel, please click: "Nuclear Fission Refueled: Putting Nuclear Back on the Map."
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Artificial Intelligence, Climate change, Construction costs, Department of Energy, Energy abundance, Energy transition, Fission, Future of Energy, Government, Investor activity, NEWS, Nuclear competitiveness, Nuclear R&D, Portfolio Venture, Private companies, Pronuclear States, Solving climate, US competitiveness, US technological leadership, Venture capital support for nuclear, Zero emission energy
Nucleation Capital is proud to back Aalo Atomics once again, participating in their $100 million Series B round. This marks our second investment in Aalo, following our participation in their Series A in Q3 2024 and now again in Q3 2025.
The Series B was led by Valor Equity Partners, with participation from new and existing investors including Nucleation Capital, Fine Structure Ventures, Hitachi Ventures, NRG Energy, and others.
Nucleation is honored to be able to continue supporting Aalo as they accelerate towards commercialization as part of the DOE’s pilot licensing program. And we’re pleased to be able to provide more accredited investors access to exciting ventures innovating the future of energy like Aalo. If you wish to participate in Aalo, you may still do so with a subscription to Nucleation’s Fund I starting in Q3-2025. Learn more here.
Published by Nucleation Capital in Advanced Nuclear, Future of Energy, NEWS, Portfolio Venture, US competitiveness, US technological leadership, Venture capital support for nuclear
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