COMPANY INFO
Aalo Atomics is a private company founded in 2023 by CEO Matt Loszak and CTO Yasir Arafat. Headquartered in Austin, Texas, with about 30 employees, it operates in the Alternative Energy Equipment industry, specializing in developing and commercializing small nuclear fission reactors to provide clean, reliable, and cost-effective energy solutions for data centers, AI infrastructure, and cities. The company aims to make energy cheaper and safer by mass-manufacturing nuclear plants that can power anything from a data center to a large city, ushering in a new era of clean energy.
Aalo Atomics is a private company founded in 2023 and headquartered in Austin, Texas. Operating in the Nuclear Electric Power Generation and Alternative Energy Equipment industry, Aalo Atomics specializes in developing and commercializing small nuclear fission reactors designed to provide clean, reliable, and cost-effective energy for data centers, AI infrastructure, and entire cities. Co-founded by CEO Matt Loszak and CTO Yasir Arafat, the company aims to revolutionize energy by making nuclear plants safer, more affordable, and easily scalable. With approximately 34 employees and significant R&D capabilities, Aalo Atomics is committed to accelerating the clean energy transition.
Aalo Atomics funding history is impressive for such a young company. The company has raised a total of $33.3 million across 2 funding rounds—a Seed round in April 2023 and a Series A round in August 2024. These fundraising milestones reflect a strategic progression: the Seed round focused on launching operations and building the initial team, while the Series A round enabled Aalo Atomics to scale up, establish a manufacturing HQ in Austin, advance their reactor technologies, navigate regulatory pathways, and commercialize their proprietary nuclear fuel. The company has attracted a diverse group of investors, including leading venture capital firms and prominent angels, reflecting strong confidence in Aalo Atomics' mission and execution. The company’s funding strategy leverages venture capital relationships to drive rapid innovation, regulatory engagement, and market entry for advanced nuclear solutions.
This major Series A round was raised to accelerate product development, scale the team, establish a new factory HQ in Austin, further regulatory/licensing efforts, build a non-nuclear prototype, and commercialize Aalo Fuel. The round was led by Valor Equity Partners and Fifty Years.
The Seed round provided Aalo Atomics with the capital necessary for its initial launch. Funds were used for early team building, initiating product development, and setting the foundation for future scale. Leading investors included Harpoon Ventures, Crosscut Ventures, and Alumni Ventures.
Valor Equity Partners led Aalo Atomics' Series A round, bringing deep expertise and resources in scaling high-growth, technology-driven companies. Their involvement strengthens Aalo Atomics’ venture capital foundation and underpins its next phase of growth.
Fifty Years co-led the Series A, supporting Aalo Atomics with a focus on deep tech and impact-driven innovation. Their investment signals strong confidence in the company’s clean energy mission and technological vision.
Harpoon Ventures participated in the Seed round, providing critical early-stage support and helping accelerate initial product and team development.
Crosscut joined as a Seed investor, adding valuable early-stage capital and expertise to fuel Aalo Atomics’ foundation and growth.
SNR is a participating investor, supporting Aalo Atomics through strategic growth stages.
Alumni Ventures contributed to the Seed round, backing the company’s vision during its earliest days.
Earth Venture Capital joined the Seed round, championing Aalo Atomics' clean energy technology and sustainable focus.
An investor in the company’s Seed round, Garage Capital helped fuel the fundamental groundwork for Aalo Atomics.
Wayfinder is in the investor syndicate, contributing capital and industry insight.
Google's Jeff Dean is an angel investor, offering unique expertise and influence in technology and AI infrastructure investment.
Nucleation Capital, a specialized nuclear-focused VC, backed Aalo Atomics to expedite innovation in microreactor technology.
Early GitHub engineer and angel investor Preston Werner supports Aalo Atomics’ mission and technological development.
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