Overview
Valar Atomics, a nuclear energy startup founded in 2023 in California, has raised $450 million at a $2 billion valuation. The funding includes $340 million in equity and $110 million in debt, aimed at developing small, high-temperature gas-cooled reactors (HTGRs) to provide carbon-free power for AI data centers and industrial facilities. Key investors include Palmer Luckey and Palantir CTO Shyam Sankar. Valar is one of the first participants in the U.S. Department of Energy’s nuclear reactor pilot program to achieve criticality.
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Investors: Palmer Luckey, Shyam Sankar
Valar Atomics, a nuclear energy startup founded in 2023 in California, has raised $450 million at a $2 billion valuation. The funding includes $340 million in equity and $110 million in debt, aimed at developing small, high-temperature gas-cooled reactors (HTGRs) to provide carbon-free power for AI data centers and industrial facilities. Key investors include Palmer Luckey and Palantir CTO Shyam Sankar. Valar is one of the first participants in the U.S. Department of Energy’s nuclear reactor pilot program to achieve criticality.