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X-Energy Closes $700M Series C-1 Round

2025-02-06
ROCKVILLE, MD, X-Energy Reactor, a leader in advanced nuclear reactor and fuel technology, today announced the closing of its upsized Series C-1 financing round of $700 million.
Segra Capital Management, Jane Street, Ares Management funds, Emerson Collective, and others join the previously announced round anchored by Amazon.com's Climate Pledge Fund, an affiliate of Citadel Founder and CEO Ken Griffin, affiliates of Ares Management Corporation, NGP, and the University of Michigan.

X-Energy Reactor Company is a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation that is redefining the nuclear energy industry through its development of safer and more efficient advanced small modular nuclear reactors and proprietary fuel to deliver reliable, zero-carbon and affordable energy to people around the world. X-energy's simplified, modular, and intrinsically safe SMR design expands applications and markets for deployment of nuclear technology and drives enhanced safety, lower cost and faster construction timelines when compared with other SMRs and conventional nuclear.
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