How much funding has Aalo Atomics raised?

Aalo Atomics has raised $136M in total funding. Their latest funding round was Series B. Key investors include Valor Equity Partners, Fine Structure Ventures, Hitachi Ventures, NRG Energy.

Where is Aalo Atomics headquartered?

Aalo Atomics is headquartered in Austin, USA. The company has a team of 60+ people.

What does Aalo Atomics do?

Aalo Atomics operates in the AI in Climate / Energy sector. Aalo Atomics develops and manufactures small modular nuclear reactors to provide clean, reliable, and affordable energy for AI data centers and cities. Scalable, predictable, and cost-effective clean energy solution via factory-manufactured modular reactors designed for rapid deployment and high energy output with a target cost of 3¢/kWh.

When was Aalo Atomics founded?

Aalo Atomics was founded in 2023. It is based in Austin, USA.

Who is the CEO of Aalo Atomics?

Matt Loszak is the CEO of Aalo Atomics. The company was founded in 2023.

Where is Aalo Atomics located?

Aalo Atomics is headquartered in Austin, USA.

What funding stage is Aalo Atomics at?

Aalo Atomics is currently at the Growth Stage stage.

How many employees does Aalo Atomics have?

Aalo Atomics has approximately 60+ employees.

Aalo Atomics

Category: AI in Climate / Energy

Aalo Atomics develops and manufactures small modular nuclear reactors to provide clean, reliable, and affordable energy for AI data centers and cities. Aalo Atomics was founded in 2023. The company is led by Matt Loszak. Based in Austin, USA. Team size: 60+. Total funding raised: $136M. Latest round: Series B. Key investors include Valor Equity Partners, Fine Structure Ventures, Hitachi Ventures, NRG Energy.

Founded: 2023
Headquarters: Austin, USA
Team size: 60+
Total funding: $136M

Value proposition

Scalable, predictable, and cost-effective clean energy solution via factory-manufactured modular reactors designed for rapid deployment and high energy output with a target cost of 3¢/kWh.

Products and solutions

Aalo-0: Full-scale non-nuclear prototype, Aalo-X: 10 MWe experimental power plant, Aalo Pod: 50 MWe commercial product

Unique value

Mass-manufacturing standardized, modular nuclear reactors in factories enables faster deployment, greater predictability, and lower costs compared to traditional nuclear plants. Utilizes liquid metal coolant to produce up to 10 times more energy than similar sized nuclear technologies.

Target customer

Operators of large-scale AI data centers, industrial facilities, and municipalities requiring consistent clean power.

Industries served

AI/Data Centers, Energy, Industrial Manufacturing, Urban Power Grids

Technology advantage

Liquid metal coolant provides higher energy density and efficiency. Modular factory-built model reduces construction time and costs, making nuclear energy more scalable and accessible. Focus on the high-growth AI data center market provides a clear, expanding customer base.

How they differentiate

Focus on extra modular reactors (XMRs) designed for on-site, continuous power to AI and data centers. Emphasizes rapid factory-based manufacturing and deployment with first plant targeted for 2026. Uses liquid metal-cooled reactor technology offering safety and efficiency benefits over water-cooled reactors.

Main competitors

Oklo, Radiant Industries, Last Energy

Key partnerships

Idaho National Laboratory (INL) for Aalo-X reactor deployment, U.S. Nuclear Regulatory Commission (NRC) for regulatory engagement, Microsoft — collaboration on AI tools for nuclear permitting processes, Urenco — commercial contract for low-enriched uranium delivery, Baker Hughes — turbine selection for Aalo-X pilot reactor, Valor Equity Partners, Fine Structure Ventures, Hitachi Ventures, NRG Energy as key investors and strategic partners

Notable customers

Not publicly named; target market includes large-scale AI and data center operators.

Major milestones

Raised $100M in Series B funding, Unveiled full-scale non-nuclear reactor prototype, Established 40,000 sq ft manufacturing facility in Austin, Texas, Submitted Regulatory Engagement Plan to U.S. NRC, Signed historic commercial uranium fuel contract with Urenco (July 2025), Selected by DOE for Reactor Pilot Program targeting criticality by July 4, 2026, Broke ground on Aalo-X at Idaho National Laboratory, Unveiled Critical Test Reactor at INL — first new reactor at INL in 50 years (March 2026), DOE-Idaho approved Documented Safety Analysis for Aalo-X Critical Test Reactor, Completed fuel mockup trials at CTR facility

Growth metrics

Specific revenue or customer growth metrics not publicly disclosed.

Market positioning

Positioned as a specialized energy provider for high-demand AI and data center markets. Aims to be first mover in co-locating nuclear power generation with data centers for scalable, carbon-free energy.

Geographic focus

Primary focus in United States; headquarters and manufacturing in Austin, Texas; planned reactor deployment at Idaho National Laboratory.

Patents and IP

No publicly available information on patents or intellectual property at this time.

About Matt Loszak

Previously held leadership roles at Tesla, SpaceX, Microsoft, and Bloom Energy, focusing on scaling clean energy technologies, engineering, and manufacturing.

Official website: https://www.aalo.com/