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Valar Atomics announced a $1B Series B led by Sequoia, plus a $200M credit facility, for advancing small modular nuclear reactor technology. The tweet speculates on the future impact of such reactors on global energy capacity.
China is rapidly building large nuclear reactors, aiming to overtake the US and EU in capacity by 2030, while the US and France struggle with new builds and bet on smaller reactor designs like Antares' microreactor.