Investors multiply stakes in nuclear tech

In efforts to meet climate-related challenges and with confidence in an imminent breakthrough, the new generation of atomic power is attracting investors to an increasing degree.

Seaborg, which recently raised more than EUR 13m, notes the industry's improved ability to attract capital. | Photo: Seaborg Technologies

The venture capital flowing into companies specializing in new atomic energy technology has quadrupled in only a few years, show data compiled by Pitchbook, which tracks capital raises the world over, on behalf of Finans.

In 2019 and 2020 alone, nuclear energy tech has attracted more than EUR 860m in venture capital distributed among 58 companies globally. And this development hasn't gone unnoticed by nuclear entrepreneurs in, for instance, Denmark.

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