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

Aalo Atomics, a nuclear startup inspired by a Department of Energy small modular reactor design called Marvel, has raised $100 million in a Series B funding round led by Valor Equity Partners and several other investors. The company plans to activate its first microreactor by summer 2026, aiming to challenge the nuclear industry’s typical long development timelines by leveraging economies of scale. Its flagship product, the Aalo Pod, will combine five Aalo-1 reactors to generate 50 megawatts of electricity through a single turbine. Additionally, the startup intends to build an experimental data center adjacent to its prototype reactor, though this aspect appears more promotional than a breakthrough innovation. Aalo Atomics targets delivering electricity at a competitive rate of three cents per kilowatt-hour, comparable to new natural gas and solar power plants, although no specific timeline has been set for achieving this price point. The company’s aggressive schedule and cost goals reflect broader trends in advanced nuclear startups seeking to modernize and scale nuclear power efficiently