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Nuclear Startup Last Raises $100 Million to Build Small Reactor

Bloomberg Technology
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Nuclear Startup Last Raises $100 Million to Build Small Reactor

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Nuclear Energy Revival:Source: Last Energy Inc.Last Energy Inc., a nuclear startup, raised $100 million from investors led by Astera Institute to commercialize a small reactor it’s developing as soaring demand for power to run artificial intelligence stokes interest in the industry.The oversubscribed Series C funding round also included Galaxy Interactive, Gigafund and Woori Technology, according to a statement Tuesday.

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Source: Bloomberg Technology