POWER Magazine•23 days ago
Antares Raises $96 Million in Series B Funding to Accelerate Nuclear Microreactor Development
Key Takeaway
This significant funding boost accelerates the development of nuclear microreactors, offering future opportunities for reliable, emissions-free, and localized power solutions for developers and large industrial loads.
AI Summary
- •Antares secured $96 million in Series B funding to accelerate the development of nuclear microreactors.
- •This investment highlights increasing private capital flow into advanced, small-scale nuclear energy solutions.
- •For large power consumers and developers, this signals a future option for highly reliable, localized, and emissions-free power generation.
Topics
capacity-marketdatacenteremissionsfinancingoem
Article Content
Antares, an advanced nuclear energy startup, announced the close of its $96-million Series B funding round, which was led by Shine Capital with participation from Alt Capital, Caffeinated, FiftyThree Stations, Industrious, and other investors. The post Antares Raises $96 Million in Series B Funding to Accelerate Nuclear Microreactor Development appeared first on POWER Magazine .